All news related to Banks

Armenian banks have revised 200 billion drams worth loans

27.03.2020 19:34

Armenian banks have revised 200 billion drams worth loans

YEREVAN, March 27. /ARKA/. From March 20 to this day, Armenian banks have revised lending terms for 96,838 individuals and 3,395 legal entities, Armenian Prime Minister Nikol Pashinyan said.

“In the vast majority of cases, banks have granted credit holidays, in some cases for several months.

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Fitch ratings: Russian and CIS banks pressured by coronavirus and oil price slump

26.03.2020 19:05

Fitch ratings: Russian and CIS banks pressured by coronavirus and oil price slump

The economic pressures resulting from the spread of the coronavirus and the lower oil price are credit negative for banks in Russia and neighbouring markets, and could result in negative rating actions, Fitch Ratings says. Fitch has revised banking sector outlooks to negative for seven of the eight markets it covers in the region – Russia, Ukraine, Kazakhstan, Armenia, Azerbaijan, Belarus and Georgia. The banking sector outlook for Uzbekistan remains stable

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Armenian regulator calls on commercial banks to apply individual approach to borrowers because of coronavirus

16.03.2020 16:47

Armenian regulator calls on commercial banks to apply individual approach to borrowers because of coronavirus

The Central Bank of Armenia has clarified the situation on loan repayments amid the risk of the spread of coronavirus

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Armenian banks to make concessions to clients because of coronavirus – Pashinyan

16.03.2020 14:25

Armenian banks to make concessions to clients because of coronavirus – Pashinyan

In connection with the spread of coronavirus in Armenia, local banks will take an individual approach to customers so that they do not face the problem of repaying loans, Armenian Prime Minister Nikol Pashinyan said during a live broadcast on his Facebook page

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Armenian banks' lending in 2019 grows by 10 percent to 3.572 trillion. drams

14.02.2020 18:42

Armenian banks' lending in 2019 grows by 10 percent to 3.572 trillion. drams

Armenian banks’ lending in 2019 amounted to 3.572 trillion. drams, the executive director of the Union of Banks of Armenia Seyran Sargsyan told reporters on Friday

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Armenia-based banks earn a total of 78 billion drams in profit in 2019

14.02.2020 16:53

Armenia-based  banks earn a total of 78 billion drams in profit in 2019

Seventeen Armenia-based commercial banks earned a total of 78 billion drams in profit in 2019, the executive director of the Union of Banks of Armenia Seyran Sargsyan told reporters on Friday

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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

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

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Armenian banks' net profit in 2019 increased by 39.7% to 78.8 billion drams

04.02.2020 18:41

Armenian banks' net  profit in 2019 increased by 39.7% to 78.8 billion drams

Armenian banks’ total net profit in 2019 increased by 39.7% year-on-year to 78.8 billion drams compared to 56.4 billion drams in 2018, according to the banks’ statements published in accordance with international IFRS

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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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Armenian banks' transfers to government budget built up 12.3% in 2019

01.02.2020 14:37

Armenian banks' transfers to government budget built up 12.3% in 2019

All the banks operating in Armenia have found themselves in the State Revenue Committee’s list of the 1,000 biggest taxpayers of the country. They have sent AMD 54.6 billion to the government budget in 2019 against AMD 48.6 billion a year before

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