Armenia's Ameriabank wins first-ever real estate bank award from Euromoney, citing digital platform success.

Armenia's Ameriabank has been named the country's best real estate bank by Euromoney, marking the first such award in Armenia. The recognition is due to Ameriabank's significant growth in real estate, including a 25.3% increase in gross mortgage loans to AMD 233.2 billion. Key to this success is MyHome.am, a digital platform that facilitates online property search and mortgage applications. Over AMD 18 billion in loans were issued through the platform, representing 50% of Ameriabank's mortgage portfolio in the primary market. The platform has also expanded to include a secondary market feature and onboarded 68 developers, significantly boosting apartment listings.

November 29, 2024
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