About Ameriabank
Ameriabank is a company based in Yerevan (Armenia) founded in 1992 by Andrew Mkrtchyan was acquired by Bank of Georgia in April 2024. Ameriabank has raised $70 million across 5 funding rounds from investors including International Finance Corporation, EBRD and FMO. Ameriabank offers products and services including Mobile Banking, Consumer Loans, Business Accounts, and Auto Loans. Ameriabank operates in a competitive market with competitors including Scotiabank, Ardshinbank, ARMECONOMBANK, InecoBank and Kreissparkasse Biberach, among others.
- Headquarter Yerevan, Armenia
- Founders Andrew Mkrtchyan
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ameriabank Cjsc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$70 M (USD)
in 5 rounds
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Latest Funding Round
$200 M (USD), Debt – Conventional
Jan 14, 2025
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Investors
International Finance Corporation
& 5 more
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Employee Count
Employee Count
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Acquired by
Bank of Georgia
(Apr 09, 2024)
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Products & Services of Ameriabank
Ameriabank offers a comprehensive portfolio of products and services, including Mobile Banking, Consumer Loans, Business Accounts, and Auto Loans.
App for managing accounts and transactions securely
Financial products for personal borrowing needs
Tools for corporate financial management
Funding options for vehicle purchases
People of Ameriabank
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Funding Insights of Ameriabank
Ameriabank has successfully raised a total of $70M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Debt – Conventional — $200.0M
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First Round
First Round
(21 Jan 2016)
- Investors Count 5
Investors in Ameriabank
Ameriabank has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, EBRD and FMO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location | |
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PE and VC investments are directed toward sustainable climate projects.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ameriabank
Financial Statements - Ameriabank
Ameriabank Comparisons
Competitors of Ameriabank
Ameriabank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Ardshinbank, ARMECONOMBANK, InecoBank and Kreissparkasse Biberach, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia by Ardshinbank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia since 1991.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Armenia.
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| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
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Frequently Asked Questions about Ameriabank
Ameriabank was founded in 1992 and raised its 1st funding round 24 years after it was founded.
Ameriabank is headquartered in Yerevan, Armenia.
Artak Hanesyan is the current CEO of Ameriabank.
Ameriabank is a funded company, having raised a total of $70M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $20M, raised on Jan 21, 2016.
Ameriabank was established in 1992 in Yerevan, Armenia, as a commercial bank. Corporate, investment, and retail banking operations are conducted, with support for diversified payment and transfer methods as well as multiple account types. Consumer loans, mortgage-based loans, personal loans, and investment loans are facilitated. The bank serves clients in the financial sector across Armenia.
Ameriabank's top competitors include Scotiabank, Ardshinbank and InecoBank.
Ameriabank offers Mobile Banking, Consumer Loans, Business Accounts, and Auto Loans.
Ameriabank has 6 investors. Key investors include International Finance Corporation, EBRD, FMO, BSTDB, and Global Climate Partnership Fund.