YEREVAN, November 8. \/ARKA\/. Armenian banking sector\u2019s year-on-year return on assets (ROA) was 2.29% in the third quarter of this year against 2.13% by June 30, 2010.<\/p>\n
ARKA News Agency\u2019s analysis based on banks\u2019 quarterly financial reports shows that banks\u2019 year-on-year return on equity (ROE) was 10.66% in the third quarter against 10% in late June.<\/p>\n
Inecobank, with its 4.29% year-on-year ROA against 4.16% in late June, was the largest profit-gainer among Armenian banks in the third quarter.<\/p>\n
The bank ranked third for its 18.36% year-on-year ROE in the 3rd Q against 18.14% in June.<\/p>\n
Artsakhbank came first in ARKA News Agency\u2019s ROE ranking (21.86% against 24.43% a quarter earlier), but ranked fifth for its 3.57% ROA against 3.99% in June.<\/p>\n
Mellat Bank, with 4.12% year-on-year ROA against 3.46% a quarter earlier, came second.<\/p>\n
The bank was placed ninth in the third quarter\u2019s ROE ranking (10.99% against 8.21% three months earlier).<\/p>\n
HSBC Bank Armenia was placed second in the ROE ranking (21.15% against 20.6%).<\/p>\n
Armenian Development Bank and VTB Bank (Armenia), with their 3.86% and 3.67% year-on-year ROA, ranked fourth and fifth in the third quarter.<\/p>\n
VTB Bank (Armenia) and Converse Bank occupied the same positions in the ROE rating (16.13% and 15.31% respectively).<\/p>\n
Some 21 commercial banks with their 399 branches function in Armenia.–0–<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenian banking sector\u2019s year-on-year return on assets (ROA) was 2.29% in the third quarter of this year against 2.13% by June 30, 2010.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,15777,12750],"class_list":{"0":"post-16795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-banks","10":"tag-roa-2","11":"tag-purchase"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/16795","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=16795"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/16795\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=16795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=16795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=16795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}