AMERIABANK TO OPEN NEW SUBSIDIARIES ACROSS ARMENIA

January 30, 2013 – 15:21 AMT

PanARMENIAN.Net – Ameriabank CJSC CFO reported a 28% growth in
client base, with the number of the legal and physical persons having
increased by 14% and 29% respectively.

“Current situation has prompted the opening of another subsidiary
in Yerevan, as well as a number of new offices in major cities of
Armenia,” Gevorg Tarumyan told a news conference.

Currently, the bank has 9 subsidiaries located in Yerevan, NKR,
Kajaran, Dilijan and Vanadzor.