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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ameriabank Cjsc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$70 M (USD)
in 5 rounds
-
Latest Funding Round
$200 M (USD), Debt – Conventional
Jan 14, 2025
-
Investors
International Finance Corporation
& 5 more
-
Employee Count
Employee Count
-
Acquired by
Bank of Georgia
(Apr 09, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ameriabank
Ameriabank offers a comprehensive portfolio of products and services, including Mobile Banking, Consumer Loans, Business Accounts, and Auto Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for managing accounts and transactions securely
Financial products for personal borrowing needs
Tools for corporate financial management
Funding options for vehicle purchases
Unlock access to complete
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
-
First Round
First Round
(21 Jan 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Debt – Conventional - Ameriabank | Valuation |
investors |
|
| Jun, 2021 | Amount | Debt – Conventional - Ameriabank | Valuation |
investors |
|
| Oct, 2019 | Amount | Private Equity Round - Ameriabank | Valuation | FMO |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
IFC is focused on private sector development in emerging markets.
|
Founded Year | Domain | Location | |
|
Development financing is provided for entrepreneurial ventures in emerging markets.
|
Founded Year | Domain | Location | |
|
PE and VC investments are directed toward sustainable climate projects.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Ameriabank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Ameriabank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia by Ardshinbank.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia since 1991.
|
|
| domain | founded_year | HQ Location |
Commercial banking services are provided in Armenia.
|
|
| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Ameriabank
Frequently Asked Questions about Ameriabank
When was Ameriabank founded?
Ameriabank was founded in 1992 and raised its 1st funding round 24 years after it was founded.
Where is Ameriabank located?
Ameriabank is headquartered in Yerevan, Armenia.
Who is the current CEO of Ameriabank?
Artak Hanesyan is the current CEO of Ameriabank.
Is Ameriabank a funded company?
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.
What does Ameriabank do?
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.
Who are the top competitors of Ameriabank?
Ameriabank's top competitors include Scotiabank, Ardshinbank and InecoBank.
What products or services does Ameriabank offer?
Ameriabank offers Mobile Banking, Consumer Loans, Business Accounts, and Auto Loans.
Who are Ameriabank's investors?
Ameriabank has 6 investors. Key investors include International Finance Corporation, EBRD, FMO, BSTDB, and Global Climate Partnership Fund.