Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter

YEREVAN, October 23. /ARKA/. Ardshinbank and Ameriabank accounted for 50.30% of the net growth in assets and 51.58% of the net growth in loan portfolios among Armenian banks during the third quarter of 2026, according to an operational bulletin from the ARKA news agency.

Assets

The aggregate assets of Armenian banks increased by 625.78 billion drams—or 4.52%—during the third quarter, reaching 14.46 trillion drams as of September 30.

The largest absolute growth was recorded by Ardshinbank (161.38 billion drams) and Ameriabank (153.36 billion drams). Their respective contributions to the sector’s net asset growth stood at 25.79% and 24.51%.

Fast Bank ranked third, with an increase of 83.16 billion drams, accounting for 13.29% of the sector’s growth. They were followed by IDBank, with 55.33 billion drams, and Inecobank, with 51.13 billion drams.

As of the end of September, Ardshinbank’s assets totaled 3.03 trillion drams, while Ameriabank’s reached 2.80 trillion drams. Together, the two banks accounted for 40.26% of the total assets of the Armenian banking sector.

Credit Exposures

In the third quarter, credit exposures of Armenian banks grew by 456.14 billion drams—an increase of 5.33%—reaching a total of 9.01 trillion drams.

Ameriabank led in terms of absolute growth, with an increase of 117.76 billion drams, followed closely by Ardshinbank, which saw an increase of 117.52 billion drams. Together, these two banks accounted for 51.58% of the sector’s net growth in credit exposures (25.82% and 25.76%, respectively).

Inecobank ranked third, with an increase of 59.37 billion drams, representing 13.02% of the sector’s growth. Next were ACBA Bank, with 45.53 billion drams, and Evocabank, with 28.72 billion drams.

As of September 30, the credit exposures of Ameriabank reached 2.07 trillion drams, while those of Ardshinbank stood at 1.78 trillion drams.

This report is based on the ARKA news agency bulletin, “Performance Indicators of Armenian Banks: Operational Data for the Third Quarter of 2026,” which is compiled using data from reports published by Armenian banks 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]).

spot_img

POPULAR

Armenia to Contribute an Additional €8.2 Million to the Capital of the Black Sea Trade and Development Bank

Armenia will contribute an additional €8.2 million to the authorized capital of the Black Sea Trade and Development Bank (BSTDB).

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Capital of Armenian Credit Organizations Grows by 4.35% to 474.09 Billion Drams Over 9 Months

As of September 30, 2026, the aggregate capital of credit organizations in Armenia reached 474.09 billion drams, marking an increase of 1.49% for the third quarter and 4.35% since the beginning of the year.

Euro and US dollar exchange rates rise against the Armenian dram; ruble falls – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on November 9, 2026, increased by 0.09 points compared to November 6, reaching 360.34 drams.

Euro, dollar, and ruble exchange rates fell against the Armenian dram, according to the Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.06 points to 360.34 drams on November 6, 2026, compared to November 5.

LATEST NEWS

spot_imgspot_imgspot_img