{"id":146019,"date":"2022-11-28T14:41:13","date_gmt":"2022-11-28T14:41:13","guid":{"rendered":"https:\/\/armbanks.am\/2022\/11\/28\/250645\/"},"modified":"2024-12-15T13:49:42","modified_gmt":"2024-12-15T13:49:42","slug":"armenian-banking-sector-secures-profit-of-187-8-billion-drams-in-9-months-uba","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/11\/28\/146019\/","title":{"rendered":"Armenian banking sector secures profit of 187.8 billion drams in 9 months &#8211; UBA"},"content":{"rendered":"\n<p><strong>YEREVAN, November 28. \/ARKA\/. <\/strong>All seventeen Armenia-based commercial banks earned 187.8 billion drams in profits in the first 9 months of 2022, by 121.5 billion drams (or 183.3%) more from the same time span of 2021, according to the Union of Banks of Armenia (UBA).<\/p>\n\n\n\n<p>According to UBA, the profit in the third quarter of this year alone amounted to about 76.6 billion drams.<\/p>\n\n\n\n<p>The banks also earned 430.3 million drams as interest income (up 9.5% from the same period in 2021) and about 312 million drams as non-interest income, (up 267% year-on-year).<\/p>\n\n\n\n<p>The ratio of total capital to risk-weighted assets at the end of September was 26.52% with the minimum required standard of 9%.<\/p>\n\n\n\n<p>The ratio of highly liquid assets to total assets was 37.82%, while the standard is 15%, and the ratio of highly liquid assets to liabilities on demand was 139.17%, while the minimum standard is 60%.<\/p>\n\n\n\n<p>Return on equity (ROE) at the end of September of this year was 20.53%, and return on assets (ROA) was 3.49%. In January-September the ROA grew by 13.01% and the ROE by 2.2%.<\/p>\n\n\n\n<p>According to the Union of Banks of Armenia, as of late September 2022, the total capital of all 17 banks stood at 1.2 trillion drams (30% growth year-on-year), the assets \u2013 at 7.7 trillion drams (9.4% growth), total liabilities \u2013 at 6.5 trillion drams (6.2% growth), the lending \u2013 at 4.1 trillion drams (2.4% growth) and the deposits \u2013 at 4.5 trillion drams (11.4% growth). ($1 &#8211; 395.05 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All seventeen Armenia-based commercial banks earned 187.8 billion drams in profits in the first 9 months of 2022, by 121.5 billion drams (or 183.3%) more from the same time span of 2021, according to the Union of Banks of Armenia (UBA)<\/p>\n","protected":false},"author":1,"featured_media":166223,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-146019","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/146019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=146019"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/146019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/166223"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=146019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=146019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=146019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}