All news related to profit

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

YEREVAN, February 14. /ARKA/. 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.

He described the past year as quite successful in terms of the profit, saying it saw 25.4% or AMD 15.8 billion growth. According to him, when compared with 2011-2012, when the banks' profit amounted to 39 billion drams, while the return on capital was 11.67%, now with a profit of 78 billion drams, the return on capital was only 9.24%.

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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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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

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

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Seventeen Armenia-based commercial banks earn 60.9 billion drams in profit in nine months of 2019

30.10.2019 16:49

Seventeen Armenia-based commercial banks earn 60.9 billion drams in profit in nine months of 2019

Seventeen Armenia-based commercial banks earned a total of 60.9 billion drams in profit in the first nine months of 2019, the chairman of the Union of Banks of Armenia Mher Abrahamyan told reporters on Wednesday

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Ranking of Armenian banks by size of net profit in quarter one, 2019

19.04.2019 16:58

Ranking of Armenian banks by size of net profit in quarter one, 2019

YEREVAN, April 19 /ARKA/. ARKA news agency has released a recurrent ranking of Armenia-based commercial banks by size of net profits they earned in the first quarter of 2018. According to it, 17 banks earned a total of 16 billion drams, down 45.2% or 29.3 billion drams from what they had earned in the same […]

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Armenia-based banks’ net profit drops by 20 percent in first quarter of 2019

18.04.2019 17:33

Armenia-based banks’ net profit drops by 20 percent in  first quarter of 2019

The net profit of 17 Armenia-based commercial banks in the first quarter of 2019 dropped by 45.2% to 16 billion drams from 29.3 billion drams in the first quarter of 2018, according to the banks’ statements

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Top profit-gainers among Armenia’s banks in 2018

23.01.2019 18:47

Top profit-gainers among Armenia’s banks in 2018

ARKA News Agency has issued the ranking of banks of Armenia on their profits gained in 2018

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Armenian banks report record high profit

22.01.2019 19:13

Armenian banks report record high profit

Armenia-based banks closed 2018 with a double-digit growth of the main balance sheet indicators, according to their fourth quarter reports

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Arka news agency presents ranking of banks by size of net profit in 9 months

19.10.2018 18:06

Arka news agency presents ranking of banks by size of net profit in 9 months

ARKA news agency has released a recurrent ranking of Armenia-based commercial banks by size of net profits they earned in the first 9 months of 2018

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Ranking of biggest profit-gainers among Armenia’s commercial banks for 1st H 2018

18.07.2018 14:15

Ranking of biggest profit-gainers among Armenia’s commercial banks for 1st H 2018

ARKA News Agency issues a fresh ranking of the biggest profit-gainers among Armenia’s commercial banks for the first half of 2018

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