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Average annual profit rate of three pensions funds managed by Amundi- ACBA Asset Management is 8-9 percent (video)

05.11.2021 23:02

Average annual profit rate of three pensions funds managed by Amundi- ACBA Asset Management is 8-9 percent (video)

YEREVAN, November 5. /ARKA/. On September 30, 2021, the volume of assets managed by Amundi-ACBA Asset Management reached 220 billion drams, having increased by more than 7 billion drams in the third quarter alone, the press service of Acba bank reported today.

It said the average annual profit rate of the three pension funds managed by the company fluctuated within the range of 8-9%, depending on the type of fund.

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AraratBank wraps up the 2020 annual indicators

24.06.2021 18:14

AraratBank wraps up the 2020 annual indicators

AraratBank wraps up the 2020 fiscal year with the profit of 1.3 billion Armenian drams, which is a sufficient result in the conditions of the crisis driven by the COVID-19 pandemic and the war, the Bank said today in a press release

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VTB Bank (Armenia) earns record high profit of 2 billion drams in 2020

18.05.2021 22:05

VTB Bank (Armenia) earns record high profit of 2 billion drams in 2020

VTB Bank (Armenia) CJSC has published its annual financial statements for 2020 in accordance with International Financial Reporting Standards (IFRS), the press service of the bank reported

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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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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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