{"id":250717,"date":"2023-01-24T12:09:00","date_gmt":"2023-01-24T12:09:00","guid":{"rendered":"https:\/\/armbanks.am\/2023\/01\/24\/250717\/"},"modified":"2023-01-24T12:09:00","modified_gmt":"2023-01-24T12:09:00","slug":"armenias-top-10-banks-by-profitability-in-q4-2022","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/01\/24\/250717\/","title":{"rendered":"Armenia&#8217;s top 10 banks by profitability in Q4 2022"},"content":{"rendered":"\n<p><strong>YEREVAN, January 24. \/ARKA\/.\u00a0<\/strong>\u00a0ARKA news agency has published the ranking of Armenia&#8217;s top 10 commercial banks by size of profit as of 31.12.2022.<\/p>\n\n\n\n<p>The profit after tax of&nbsp;all&nbsp;18&nbsp;&nbsp;banks exceeded AMD 262.8 bln, having increased by 205.59% as compared to the 4th quarter of 2021.<\/p>\n\n\n\n<p>As of December 31, 2022, Ardshinbank was the leading bank by size of profit having earned 62.2 bln drams (up 355.64% year-on-year).<\/p>\n\n\n\n<p>Ameriabank ranked second with profit of about AMD 44.3 bln (128% up), and Evocabank ranked third with AMD 25.7 bln profit (2.180.48% up).<\/p>\n\n\n\n<p>Inecobank ranked fourth with AMD 23, 6 bln (162.52% growth). It was followed by Acba bank &#8211; AMD 22, 7 bln (131.69% growth), IDBank &#8211; about AMD 15 bln (872.26% growth); Conversebank &#8211; AMD 14 bln (240% growth).<\/p>\n\n\n\n<p>Araratbank came in eighth with 11, 1 bln. drams profit (growth by 554.73%). It was followed by HSBC Bank Armenia with profit of about 8 bln. drams (growth by 148.&nbsp;61%). Artsakhbank is the last in the top ten with 7.4 milliard drams (growth by 37.&nbsp;03 %).<\/p>\n\n\n\n<p>The ranking was compiled based on the financial-economic bulletin of the ARKA agency &#8220;Banks of Armenia&#8221;, To purchase this bulletin and other information products of the agency please apply to Marketing Department (e-mail: advertising@arka.am). ($1 &#8211; 396.66 AMD) -0-.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ARKA news agency has published the ranking of Armenia&#8217;s top 10 commercial banks by size of profit as of 31.12.2022<\/p>\n","protected":false},"author":1,"featured_media":157940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15416],"class_list":{"0":"post-250717","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-15416"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250717","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=250717"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157940"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}