{"id":149769,"date":"2023-07-21T10:52:14","date_gmt":"2023-07-21T10:52:14","guid":{"rendered":"https:\/\/armbanks.am\/2023\/07\/21\/250999\/"},"modified":"2024-12-15T13:51:52","modified_gmt":"2024-12-15T13:51:52","slug":"arka-news-agency-releases-recurrent-ranking-of-most-profitable-banks-in-armenia","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/07\/21\/149769\/","title":{"rendered":"ARKA news agency releases recurrent ranking of most profitable banks in Armenia"},"content":{"rendered":"\n<p><strong>YEREVAN, July 21 \/ARKA\/.<\/strong> ARKA\u00a0news\u00a0agency has released a fresh edition of\u00a0the\u00a0ranking of the most profitable commercial banks in Armenia in the first half of 2023.<\/p>\n\n\n\n<p>The net profit of all 18 Armenia-based commercial banks in the first half of 2023 amounted to 142 billion drams, up from 114 billion drams in the first half of 2022.&nbsp;All 18 banks reported profit.<\/p>\n\n\n\n<p>According to&nbsp;the&nbsp;ranking, the top 5 banks in terms ofnet&nbsp;profit were Ardshinbank, Ameriabank, Inecobank, ACBA Bank and Conversebank. They accounted for 65% or about AMD 92 billion of the total profit.<\/p>\n\n\n\n<p>Ardshinbank&#8217;s net profit amounted to AMD 38.2 bln, against AMD 20.1 bln in the same period of 2022 (90% growth).<\/p>\n\n\n\n<p>Ameriabank&#8217;s net profit grew to AMD 21.7 bln, from AMD 19.1 bln in 1H 2022 (13.4% growth).<\/p>\n\n\n\n<p>Inecobank earned AMD 12.8 billion in the first half of 2023 against AMD 10 billion in the same period of 2022 (28\u20246% growth).<\/p>\n\n\n\n<p>ACBA Bank with a profit of AMD 11.6 billion, up from AMD 10.1 billion was 4th (14.7% growth).<\/p>\n\n\n\n<p>Conversebank&#8217;s net profit amounted to AMD 7.6 bln, against AMD 5.7 bln in&nbsp;the same period of 2022 (33.1% growth).&nbsp;<\/p>\n\n\n\n<p>The ranking of banks by profit is compiled based on ARKA news agency&#8217;s bulletin &#8220;Banks of Armenia&#8221;, which in turn is compiled based on Armenian banks&#8217; reports published in accordance with international IFRS standards.<\/p>\n\n\n\n<p>To purchase this bulletin and other information products of the news agency, please contact the Marketing Department (e-mail: sales@arka.am).&nbsp;&nbsp;($1 &#8211; AMD 386.29) -0-.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ARKA\u00a0news\u00a0agency has released a fresh edition of\u00a0the\u00a0ranking of the most profitable commercial banks in Armenia in the first half of 2023<\/p>\n","protected":false},"author":1,"featured_media":174178,"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-149769","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\/149769","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=149769"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/149769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/174178"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=149769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=149769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=149769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}