{"id":250878,"date":"2023-04-21T10:49:38","date_gmt":"2023-04-21T10:49:38","guid":{"rendered":"https:\/\/armbanks.am\/2023\/04\/21\/250878\/"},"modified":"2023-04-21T10:49:38","modified_gmt":"2023-04-21T10:49:38","slug":"net-profit-of-armenian-banks-in-first-quarter-of-2023-more-than-double-year-on-year","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/04\/21\/250878\/","title":{"rendered":"Net profit of Armenian banks in first quarter of 2023\u00a0more than double year-on-year"},"content":{"rendered":"\n<p><strong>YEREVAN, April 21 \/ARKA\/. <\/strong>Eighteen Armenia-based commercial banks earned 70 billion drams in net profit in the first quarter of 2023, by 115.4% more from the same time span in 2022, according to the banks&#8217;\u00a0statements\u00a0published in accordance with international financial reporting standards (IFRS). All 18 banks operated with profit.<\/p>\n\n\n\n<p>As of 31.03.2023, total assets of the banks&nbsp;stood at&nbsp;about 8.5 trillion drams, which, compared to the beginning of the year,&nbsp;was up&nbsp;0.75%.<\/p>\n\n\n\n<p>At the same time, the banks&#8217; lending amounted to over 4.3 trillion drams, having increased by 3.4% for the same period.<\/p>\n\n\n\n<p>As of 31.03.2023 the banks&#8217; total liabilities&nbsp;stood at&nbsp;over 7 trillion drams (0.1% growth as compared with the beginning of the year), and liabilities to clients decreased by 0.44% to over 5 trillion drams.<\/p>\n\n\n\n<p>The total capital of Armenian banks in the first quarter of 2023 amounted to over 1.3 trillion drams, having increased by 4.2% since the beginning of the year. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eighteen Armenia-based commercial banks earned 70 billion drams in net profit in the first quarter of 2023, by 115.4% more from the same time span in 2022, according to the banks&#8217;\u00a0statements\u00a0published in accordance with international financial reporting standards (IFRS). All 18 banks operated with profit<\/p>\n","protected":false},"author":1,"featured_media":174760,"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-250878","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\/250878","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=250878"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/174760"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}