Sat, 13 September
17.1 C
Yerevan
USD: 383.47 RUB: 4.56 EUR: 449.96 GEL: 142.03 GBP: 519.91

Armenian banks’ liabilities fell to 2,456.8 bln drams in Q3

YEREVAN, October 22./ARKA/. Liabilities of Armenia’s banks to customers fell by 0.5% to 2,456.8 billion drams in the third quarter of this year.

An analysis by ARKA showed Ameriabank was the leader in liabilities with its 293.2 billion drams as of the end of Q3 (6.1% increase against the beginning of the year). This bank accounted for 11.9% of overall liabilities in the period.

Bank VTB (Armenia) is the second with 260.8bln (decrease of 1.6%) in liabilities, having accounted for 10.6% of the overall amount.

Ardshininvestbank is the third with 226 bln drams (0.35% increase) and 9.2% in overall liabilities, followed by ACBA-CREDIT AGRICOLE BANK with about 220 bln drams and 8.9% (about 3% increase) respectively and Armbusinessbank with about 215.9 bln drams and 8.8% (11% increase).

Assets of Armenia-based banks amounted to about 2,956.1 billion drams in the period, an increase of 0.6% from the beginning of the year. Total capital of the banks was 499.3bln drams (6.45% increase) and net profit was 28.2 bln drams (reduction of 20.1%). ($1=409.66drams).  –0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img