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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 period last year. Of all 17 banks 11 closed the first quarter with decline in profit.
According to the ranking, the top five banks in terms of net profits were: Ameriabank, Ardshinbank, Inecobank, Artsakhbank and Conversebank, which accounted for 63.3% of all net profits earned by all 17 banks.
Ameriabank’s net profit amounted to 3 billion drams, up from 2.5 billion drams earned in the first quarter of 2018 (an increase of 20.9%). Ardshinbank earned 2.23 billion drams, up from 2.18 billion drams earned in the first quarter of 2018 (an increase of 1.85%). Inecobank’s net profit stood at 1.78 billion drams (a decline of 12.48%).
Artsakhbank posted a net profit of 1.67 billion (a decline of 40.8%). Conversebank’s net profit in the first quarter of 2019 amounted to 1.39 billion drams, up from 1 billion drams in the first quarter of 2018 (a decline of 38.8%).

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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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Unibank's profit for first quarter exceeds AMD 472 million

21.06.2018 18:01

Unibank's profit for first quarter exceeds AMD 472 million

In the first trimester Unibank has made a profit of more than AMD 472 million, the bank’s press office reported on Thursday

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Armenian insurance companies’ net profit in first 9 months drops to 1.7 billion drams

21.11.2017 11:24

Armenian insurance companies’ net profit in first 9 months drops to 1.7 billion drams

Six insurance companies operating in Armenia earned a total of 1.7 billion drams in net profit in the first 9 months of this year, down from 3.9 billion drams they had earned a year earlier

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Kamurj credit organization closed first half with a profit of 90.5 million drams

28.07.2017 18:54

Kamurj credit organization closed first half with a profit of 90.5 million drams

Kamurj (Bridge) credit organization said today it closed the first half of the year with a profit of 90.5 million drams. The organization’s loan portfolio stood at 11.3 billion drams

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Unibank expects its annual profit to grow to 5 billion drams by 2020

26.05.2017 16:25

Unibank expects its annual profit to grow to 5 billion drams by 2020

Unibank expects its profit to grow to 5 billion drams by 2020, Unibank Board Chairman Gagik Zakaryan told the annual general meeting of shareholders

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