Armenia’s banking system profit in Q3 2025 increased by 15.75% to 107.2 billion drams

YEREVAN, October 17. /ARKA/. The net profit of Armenia’s banking system in the third quarter of 2025 amounted to 107.2 billion drams, an increase of 15.57% compared to the same quarter of 2024, and a 7.39% increase compared to the second quarter of this year. This is evidenced by data from Armenian banks’ reports published in accordance with international IFRS standards.

Moreover, for the first nine months of this year, banks’ profits amounted to approximately 307.3 billion drams.

It should be noted that all 17 banks operating in Armenia ended the third quarter with a profit. Of these, 11 banks increased their profits compared to the third quarter of 2024, while six banks saw a decrease in profits. Total assets of Armenian banks as of September 30, 2025 amounted to 11.97 trillion drams (a 5.09% decline compared to the previous quarter of 2025, and a 20.15% increase compared to the same quarter of 2024).

The volume of bank loan investments at the end of September amounted to 7.16 trillion drams, an increase of 5.02% compared to the second quarter of 2025, and 28.89% compared to the third quarter of 2024.

Total liabilities at the end of the third quarter of 2025 amounted to 9.94 trillion drams, representing a 2.99% increase compared to the second quarter of the same year, and a 20.09% increase compared to the corresponding quarter of 2024.

The total capital of Armenian banks as of September 30, 2025 amounted to AMD 2.03 trillion, an increase of 3.50% compared to the previous quarter of this year and 20.44% compared to the corresponding quarter of the previous year. ($1 – AMD 382.48).

spot_img

POPULAR

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

LATEST NEWS

spot_imgspot_imgspot_img