Tue, 19 August
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian banks total assets grow by 5.96% to 1.4 trillion drams in quarter three

YEREVAN, November 5, /ARKA/. Combined assets of Armenian commercial banks grew by 5.96% or 81.7 billion Drams in quarter three of 2010 to 1.452 trillion Drams. Compared to the beginning of the year the rise was 7.08%.

According to an analysis, made by ARKA news agency on the basis of the basis of the banks’ indicators for the third quarter, the leader was ACBA Credit Agricole Bank whose assets in the reporting period of time grew by 0.71% to 172.7 billion Drams (11.89% of all assets of all banks).

Ameriabank came in second with a total of 152.5 billion Drams, and was followed by

HSBC Bank Armenia with 127.8 billion Drams worth of assets. Armbusinessbank was fourth with 117.5 billion Drams worth assets and Ardshininvestbank with 115 billion Drams worth assets was fifth. These five banks accounted for 47.25 of all assets.

Bank Mellats’ assets grew to 28 billion Drams, Armeconombank’s assets grew to 53.7 billion Drams.

The assets of Areximbank Gazprombank Group rose to 56.3 billion Drams and those of Inecobank grew to 52.4 billion Drams. There are 21 commercial banks in Armenia with 389 branches. ($1 – 359.9 Drams). M.M. -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Unibank Becomes the Gold Sponsor of FC Alashkert

Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img