Ranking of Armenia’s Largest Banks by Asset Volume for the First 9 Months of 2026

YEREVAN, October 19. /ARKA/. The ARKA news agency has published a ranking of Armenia’s largest banks by total assets as of September 30, 2026.

According to an ARKA operational bulletin, the total assets of Armenian banks reached 14.46 trillion drams as of September 30, 2026—up from 11.97 trillion drams on September 30, 2025 (a 20.82% increase) and 13.84 trillion drams at the end of June 2026 (a 4.52% increase).


Ardshinbank remains the largest bank by assets, with 3.03 trillion drams (a year-on-year increase of 23.45%). Ameriabank holds second place with 2.80 trillion drams (a 32.16% increase). They are followed by ACBA Bank with 1.18 trillion drams (a 19.63% increase), Inecobank with 1.07 trillion drams (a 30.12% increase), and AMIO Bank with 939.25 billion drams (a 0.05% increase).

On a year-on-year basis, all 17 banks saw an increase in assets; over the quarter, 13 banks recorded growth, while 4 banks experienced a decline. Fast Bank recorded the highest annual and quarterly growth rates, at 67.87% and 15.02%, respectively.

The two largest banks by asset size—Ardshinbank and Ameriabank—account for 40.26% of the sector’s total assets.

This ranking of banks by profit is based on the ARKA agency’s bulletin, “Performance Indicators of Armenian Banks: Operational Data for the Third Quarter of 2026,” which is compiled using reports from Armenian banks published in accordance with International Financial Reporting Standards (IFRS).

To purchase this bulletin or other information products from the agency, please contact the marketing department (e-mail: [email protected]). ($1 = 361.36 drams)

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