Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

YEREVAN, July 21. /ARKA/. ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026. The total net profit of Armenian banks (after tax) for January-June 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams for the same period in 2025, an increase of 9.48%.

According to ARKA News Agency’s ranking, the top five banks by net profit (after tax) for the first half of 2026 were Ardshinbank, Ameriabank, ACBA BANK, Inecobank, and Evocabank.

Ardshinbank was the most profitable bank in Armenia at the end of June 2026. The bank’s net profit amounted to 68.78 billion drams, a 0.02% increase compared to the same period last year.

Ameriabank ranks second with a profit of 39.99 billion drams, a 22.94% increase compared to the end of June 2025.

ACBA BANK ranks third, with a profit of 16.54 billion drams in the first half of 2026, a decrease of 3.89% compared to the same period last year.

Inecobank ranks fourth with a net profit of 13.64 billion drams, a 7.23% decrease compared to the same period in 2025.

Evocabank rounds out the top five with a profit of 13.45 billion drams. The bank recorded a similar figure for the first half of 2025.

Ardshinbank led the way in net profit for the first half of the year, with 68.77 billion drams. It was followed by Ameriabank (39.99 billion drams) and ACBA BANK (16.54 billion drams). Inecobank (13.64 billion drams) and Evocabank (13.45 billion drams) also made the top five. It should also be noted that the top five banks at the end of the second quarter are as follows: Ardshinbank (35.66 billion drams, an increase of 7.66% compared to the first quarter of 2026), Ameriabank (20.77 billion drams, a quarterly growth of 8.03%), Evocabank (9.57 billion drams, a quarterly growth of 146.70%), ACBA BANK (8.95 billion drams, an increase of 17.90%) and Inecobank (8.71 billion drams, an increase of 76.61%). ($1 – 365.93 drams)

The source for compiling the bank profit ranking is the ARKA news agency’s bulletin, “Performance Indicators of Armenian Banks. Update for Q2 2026,” compiled based on Armenian banks’ reports published in accordance with international IFRS standards.

To purchase this bulletin and other agency information products, please contact the Marketing Department (e-mail: [email protected]). ($1 – 365.93 drams)

spot_img

POPULAR

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

LATEST NEWS

spot_imgspot_imgspot_img