ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Top 10 banks of Armenia by loan portfolio for 1st H 2020

Tags: Armenia, Banks, LOAN PORTFOLIO, top

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In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency’s ranking of the most profitable commercial banks in the fourth quarter of 2019

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Arka news agency's ranking of most profitable Armenian banks in 2019

Tags: ARKA, Armenia, Banks, profitable, Ranking

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In 2019, the overall loan portfolio of Armenia’s banking sector grew by 16.4% to 3.572.2 trillion drams

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Top ten Armenian banks by size of lending in 2019

Tags: ARKA, Armenia, Banks, lending

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ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia’s commercial banks for Jan-Sept 2019. The Armenian banking sector’s aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Ranking of biggest profit-gainers among Armenia's banks for Jan-Sept 2019

Tags: Armenia, Banks, biggest, profit, Ranking

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ARKA News Agency has singled out ten commercial banks of Armenia for their large credit portfolios in the third quarter of this year

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Top 10 commercial banks of Armenia with biggest credit portfolios in 3rd Q 2019

Tags: Armenia, COMMERCIAL BANKS, credit portfolios, top

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According to a study by ARKA news agency, the highest interest rate on individual time deposits in Armenian drams is 10% per annum, offered by Armbusinessbank. The maturity period of the deposit is 271-365 days

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Average interest rate on deposits in drams with maturity period of 12 months is 8.85%

Tags: Armenia, Banks, Deposits, interest rate

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Out of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019

Categories: General news, Loan organizations, News, News of the hour, Ratings | Comments Off on Armenian credit organizations earn 20.4 billion drams in net profit

Tags: Armenia, CREDIT ORGANIZATIONS

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The combined loan portfolio of Armenia-based 17 commercial banks in the first quarter of 2019 amounted to 3,126.7 trillion drams

Categories: Banks @en @en, General news, News, News of the hour, Ratings | Comments Off on Arka releases ranking of top ten banks by size of loan portfolio

Tags: ARKA, Banks, LOAN PORTFOLIO, Ranking

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The aggregate net profits of Armenia’s insurance companies has shrunk 69% to AMD 215.4 million in 2018 from AMD 699.5 million in 2017

Categories: General news, Insurance market, News, News of the hour, Ratings | Comments Off on Net profits of Armenia’s insurance companies shrink 69% to AMD 215.4 million in 2018

Tags: Armenia, INSURANCE COMPANIES, profits

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According to a ranking of Armenia’s most profitable credit organizations in 2018

Categories: General news, Loan organizations, News, News of the hour, Ratings | Comments Off on Arka news agency releases ranking of top ten most profitable credit organizations in 2018

Tags: ARKA, CREDIT ORGANIZATIONS, profitable, Ranking

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