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Arka news agency's ranking of most profitable Armenian banks in 2019

06.02.2020 16:07

Arka news agency's ranking of most profitable Armenian banks in 2019

YEREVAN, February 6 / ARKA /. 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. The growth amounted to 39.7%. Also, 16 out of the 17 banks operating in the country closed the year with profit.

The list of the top five banks by size of net profit includes Ameriabank, Ardshinbank, Inecobank, ArmSwissBank and ACBA-CREDIT AGRICOLE BANK, which accounted for 60.6% of all net profits of the banks.

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Top ten Armenian banks by size of lending in 2019

04.02.2020 18:40

Top ten Armenian banks by size of lending in 2019

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

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Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

24.05.2019 15:54

Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

ARKA news agency has released its economic and financial bulletin “Credit Organizations of Armenia” for the first quarter of 2019. The bulletin is compiled based on officially published financial reports of credit organizations (CO)

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Arka releases ranking of top ten banks by size of loan portfolio

19.04.2019 22:54

Arka releases ranking of top ten banks by size of loan portfolio

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

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Arka releases ‘Insurance Companies of Armenia’ bulletin for fourth quarter of 2018

25.02.2019 18:52

Arka releases ‘Insurance Companies of Armenia’ bulletin for fourth quarter of 2018

ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the fourth quarter of 2018

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Arka news agency releases ranking of top ten most profitable credit organizations in 2018

20.02.2019 18:12

Arka news agency releases ranking of top ten most profitable credit organizations in 2018

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

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Arka news agency releases bulletin “Credit Organizations of Armenia” for Q4, 2018

20.02.2019 18:11

Arka news agency releases bulletin “Credit Organizations of Armenia” for Q4, 2018

ARKA news agency has released its quarterly economic and financial bulletin – “Credit Organizations of Armenia” for the fourth quarter of 2018

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Arka news agency releases bulletin “Banks of Armenia” for fourth quarter of 2018

13.02.2019 18:07

Arka news agency releases bulletin “Banks of Armenia” for fourth quarter of 2018

ARKA news agency has released a new issue of its quarterly bulletin “Banks of Armenia” for the fourth quarter of 2018

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Top Ten events in Armenia’s financial sector in 2018 – ARKA News Agency

25.12.2018 12:42

Top Ten events in Armenia’s financial sector in 2018 – ARKA News Agency

The outgoing year was marked with political events, particularly with change of power – heads of governing agencies and ministers, including the ministers of the economic sector, were replaced by new persons

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Arka releases ‘Insurance Companies of Armenia’ bulletin for third quarter of 2018

22.11.2018 17:52

Arka releases ‘Insurance Companies of Armenia’ bulletin for third quarter of 2018

ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the third quarter of 2018

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