Driving change in Armenia’s housing finance market, Ameriabank’s innovations during the review period streamlined mortgage processes and expanded access to real estate lending.
Already the sole provider of fully digital mortgages for Armenia’s primary market, Ameriabank extended its capabilities in the fourth quarter of 2024 by introducing instant online approval for secondary-market loans. This innovation cut a process that previously took up to 10 days down to minutes, dramatically accelerating transactions and improving transparency.
During the same period, the MyHome platform evolved into a full-service ecosystem.
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