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Armenian banks report record high profit

22.01.2019 19:13

Armenian banks report record high profit

YEREVAN, January 22. /ARKA/. Armenia-based banks closed 2018 with a double-digit growth of the main balance sheet indicators, according to their fourth quarter reports.

The banks gained the record high profit over the past five years. In particular, their net profit amounted to 62.2 billion drams, up from 34.8 billion drams in 2017, having increased by 78.7%. Out of 17 operating banks, 16 banks completed the year with a profit.

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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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Armenian insurance companies’ net profit in quarter one slashes by 60 percent

25.05.2017 18:09

Armenian insurance companies’ net profit in quarter one slashes by 60 percent

Net profit of six Armenia-based insurance companies in the first quarter of 2017 slashed by 60.3% year-on-year to 518.9 million drams, according to ARKA news agency’s quarterly bulletin “Insurance Companies of Armenia” for the first quarter of 2017

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Ranking of Armenian banks by size of net profit in Q1, 2017

21.04.2017 17:37

Ranking of Armenian banks by size of net profit in Q1, 2017

YEREVAN, April 21. /ARKA/. ARKA news agency has released a recurrent ranking of the most profitable commercial banks of Armenia in the first quarter of 2017. Armenia’s banking sector earned a total of 10.87 billion drams in net profit against 6 billion drams for the first quarter of 2016, an increase of 80.68%. Of 17 […]

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Net profit of Armenia’s banking sector amounts to AMD 10.87 billion in 1st Q 2017

21.04.2017 12:08

Net profit of Armenia’s banking sector amounts to AMD 10.87 billion in 1st Q 2017

The net profit of Armenia’s banking sector amounted to AMD 10.87 billion in the first quarter of 2017 against AMD 6 billion in the first quarter of the previous year – 80.68 percent year-on-year growth

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