{"id":249446,"date":"2020-07-28T14:52:49","date_gmt":"2020-07-28T14:52:49","guid":{"rendered":"https:\/\/armbanks.am\/2020\/07\/28\/249446\/"},"modified":"2024-12-15T13:42:02","modified_gmt":"2024-12-15T13:42:02","slug":"top-10-banks-of-armenia-by-loan-portfolio-for-1st-h-2020","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/07\/28\/249446\/","title":{"rendered":"Top 10 banks of Armenia by loan portfolio for 1st H 2020"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, July 28. \/ARKA\/. <\/strong>ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The loan portfolios of 17 banks that operate in Armenia have grown 5.7% over the first half of this year to AMD 3.770.5 trillion drams by late June. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Armbusinessbank is topping the ranking with its loan portfolio amounting to AMD 602.5 billion (a 6.2% growth).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The second biggest lender among Armenian banks was Ameriabank in the first half of this year. Its loan portfolio amounted to AMD 597.2 billion (up 2.0%).  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ardshinbank, with its AMD 548.2 billion and 17.3% growth, came third in the ranking. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ACBA-CREDIT AGRICOLE BANK is ranked fourth \u2013 AMD 315.7 billion (up 7.3%), Inecobank fifth \u2013 AMD 22. 7 billion (down 6.7%), Converse Bank sixth \u2013 AMD 221.4 billion (down 2.2%), VTB seventh \u2013 AMD 199.2 billion (up 5.5%), Armeconombank eight \u2013 AMD 183.1 billion (up 4%), Unibank ninth \u2013 AMD 148.8 billion (up 5.2%) and Araratbank tenth \u2013 AMD 142.2 billion (up 4.6%). <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/armbanks.am\/wp-content\/uploads\/2024\/12\/banks-1.jpg\" alt=\"\" class=\"wp-image-129837\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The source for compiling the ranking of banks by loan portfolio is the ARKA News Agency\u2019s \u201cBanks of Armenia\u201d bulletin, which is based on reports of Armenian banks published in accordance with IFRS standards.<br>\nTo acquire this bulletin and other information products of the agency, please contact the marketing department (e-mail: sales@arka.am). &#8211; 0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020<\/p>\n","protected":false},"author":1,"featured_media":164063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216,13105],"tags":[15837,12163,13143,13400,309],"class_list":["post-249446","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news","category-ratings","tag-armenia-2","tag-banks","tag-loan-portfolio","tag-top","tag-309"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - 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