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Ranking of biggest profit-gainers among Armenia's banks for Jan-Sept 2019

05.11.2019 16:34

Ranking of biggest profit-gainers among Armenia's banks for Jan-Sept 2019

YEREVAN, November 5. /ARKA/. 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.

Top 5 profit-gainers are Ameriabank, Ardshinbank, ArmSwissbank, Inecobank and ACBA-CREDIT AGRICOLE BANK. Their profits made up 56% of the banking sector's aggregate profits.

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