Fri, 4 July
20.1 C
Yerevan
USD: 384.46 RUB: 4.89 EUR: 453.47 GEL: 141.43 GBP: 525.21

Pashinyan: outgoing year unprecedented for banks in terms of all indicators

YEREVAN, December 29, /ARKA/. Speaking at a reception organized on the occasion of the coming New Year and Christmas by the Central Bank of Armenia Prime Minister Nikol Pashinyan said the outgoing year was very complicated and controversial, full of challenges, but despite it the financial and banking system saw an unprecedented growths in all indicators.

He said the banks’ overall deposit portfolio stands now at 5 trillion drams, and there is also a very high rate of lending to the economy.

He said also that the outgoing year was also unprecedented in terms of profits of the banking system, which generated a profit of around 187 billion drams. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img