Ranking of Armenia’s Most Profitable Banks for the Third Quarter of 2025

YEREVAN, October 17. /ARKA/. The ARKA News Agency has released a ranking of the most profitable commercial banks in Armenia for the third quarter of 2025.

The net profit of the banking sector in Armenia during this reporting period reached 107.2 billion drams, which is an increase from 99.8 billion drams in the second quarter of this year (a rise of 7.39%) and 92.6 billion drams in the third quarter of 2024 (an increase of 15.75%).

Among the 17 banks operating in Armenia, all reported profits.

Eleven banks experienced an increase in their profits since the start of the year, while six banks reported a decline.

According to the ranking, the top five banks by profitability for the third quarter are: Ardshinbank, Ameriabank, ACBA Bank, Inecobank, and Amio Bank.

Ardshinbank retained its position as the most profitable bank in the country for the third quarter of 2025, with a net profit of 34.46 billion drams, reflecting a 5.87% increase compared to the third quarter of 2024.

Ameriabank holds the second position with a profit of 18.52 billion drams, marking a 29.15% increase compared to the same quarter last year.

ACBA Bank is in third place, reporting a profit of 9.36 billion drams in the third quarter of 2025, which is a 10.69% increase compared to the same quarter last year.

Inecobank is ranked fourth in the ARKA listing with a profit of 6.9 billion drams, although this represents a decrease of 5.61% compared to the third quarter of 2024.

Amio Bank completes the top five banks for this quarter, with a profit of AMD 5.02 billion, a significant increase from AMD 738.652 million in the third quarter of 2024, equating to a 579.40% rise.

The profit ranking is derived from the ARKA news agency’s bulletin, “Performance Indicators of Armenian Banks. Update for Q3 2025,” which is based on reports from Armenian banks published in accordance with IFRS.

To purchase this bulletin and other agency information products, please contact the Marketing Department (e-mail: [email protected]).-0-

spot_img

POPULAR

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

LATEST NEWS

spot_imgspot_imgspot_img