Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a ranking of the most profitable credit institutions in Armenia for the first quarter of 2026.

The total net profit (after tax) of Armenia’s credit institutions for the first quarter of 2026 amounted to 8.44 billion drams, compared to 18.44 billion drams in the first quarter of 2025 (a 2.18-fold, or 54.2%, decline).

A number of credit institutions ended the reporting period with a loss, which affected the dynamics of the aggregate indicator.

According to the ARKA ranking, Bnakaran Yeritasardnerin was the most profitable credit institution for the period from January to March 2026. The company’s net profit amounted to 3.02 billion drams, compared to 2.07 billion drams for January-March 2025.

ACBA-Leasing ranks second with a profit of 1.60 billion drams (compared to 1.32 billion for the same period last year).

Aregak ranks third, with a profit of 981.5 drams in the first quarter of 2026, compared to 1 billion drams a year earlier.

National Mortgage ranks fourth, with a profit of 906.7 million drams (compared to 756.3 million drams).

Global Credit rounds out the top five with a net profit of 893.9 drams (compared to 579.1 million drams).

TOP 10 credit institutions by net profit (after tax), Q1 2025. Source: ARKA News Agency’s newsletter “Credit Organizations of Armenia (Key Performance Indicators). Q1 2026.”

To purchase the newsletter and other agency information products, please contact the Marketing Department (email: [email protected]).

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

Idram and IDBank continue their traditional series of financial and digital literacy training programs

Idram and IDBank continue their traditional series of financial and digital literacy training programs.

From Small Steps to Big Changes: “The Power of One Dram” Turns 6

Six years, around 45 foundations, more than 55 projects, and a budget reaching 300 million AMD.

Pashinyan: Income tax refund program for mortgages will not be extended in regions adjacent to Yerevan from 2027

The Armenian government does not intend to extend the income tax refund program for mortgage interest repayments in the regions adjacent to Yerevan, RA Prime Minister Nikol Pashinyan announced.

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.

LATEST NEWS

spot_imgspot_imgspot_img