{"id":249453,"date":"2020-07-29T16:41:46","date_gmt":"2020-07-29T16:41:46","guid":{"rendered":"https:\/\/armbanks.am\/2020\/07\/29\/249453\/"},"modified":"2020-07-29T16:41:46","modified_gmt":"2020-07-29T16:41:46","slug":"arka-news-agency-releases-ranking-of-armenian-banks-profitability-in-first-half-of-2020","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/07\/29\/249453\/","title":{"rendered":"Arka news agency releases ranking of Armenian banks&#8217; profitability in first half of 2020"},"content":{"rendered":"\n<p><strong>YEREVAN, July 29 \/ ARKA \/.<\/strong> ARKA news agency has released the latest ranking of the commercial banks in Armenia by size of their net profit, based on their performance in the first half of 2020.<\/p>\n\n\n\n<p>The net profit of\nthe country&#8217;s banking sector in the first half of 2020 amounted to 40.6 billion\ndrams from 38.4 billion in the same period of 2019, having increased by 5.9%. &nbsp;All 17 banks operating in Armenia ended the\nfirst half of the year with a profit.<\/p>\n\n\n\n<p>According to the\nranking, the five leading banks by size of net profit were Ardshinbank, ArmSwissBank,\nAmeriabank, Armeconombank and Inecobank, which accounted for 56.3% of all\nbanking profits in the first half of the year.<\/p>\n\n\n\n<p>Ardshinbank became\nthe most profitable bank in the first six months of 2020, earning 6.8 billion\ndrams in net profit against 5.2 billion drams in the same period in 2019.<\/p>\n\n\n\n<p>ArmSwissBank was\nsecond with a profit of 4.8 billion drams against 4.2 billion drams in the same\nperiod in 2019.<\/p>\n\n\n\n<p>The third was\nAmeriabank, which in the first half of 2020 earned 4.6 billion drams in net\nprofit, down from 5.6 billion drams in the same period of 2019 (a decrease of\n17.9%).<\/p>\n\n\n\n<p>Armeconombank was fourth\nwith a net profit of 3.5 billion drams against 1.4 billion drams (an increase\nof 141.9%).<\/p>\n\n\n\n<p>Inecobank was fifth\nwith a net profit of 3.2 billion drams against 3.5 billion drams earned in the\nsame period in 2019 (a decrease of 9.4%).<\/p>\n\n\n\n<p>To purchase this ranking\n&nbsp;and other information products of the\nnews agency, please contact the marketing department via e-mail sales@arka.am.\n&#8211; 0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ARKA news agency has released the latest ranking of the commercial banks in Armenia by size of their net profit, based on their performance in the first half of 2020<\/p>\n","protected":false},"author":1,"featured_media":174386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12257,15837,12163,13579,13106,319],"class_list":{"0":"post-249453","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-arka","10":"tag-armenia-2","11":"tag-banks","12":"tag-profitability","13":"tag-ranking","14":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249453","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=249453"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/174386"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=249453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=249453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=249453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}