YEREVAN, January 27 \/ARKA\/. The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.<\/p>\n\n\n\n
Of the total amount of profit earned in 2024, 172.1 billion\u2024 drams (47%) were earned in the first half of the year, and 191 billion\u2024 drams (53%) in the second half.<\/p>\n\n\n\n
All 17 banks finished the year with profit. At the same time, the profit of 15 banks increased by 80.5% compared to the same period last year, while the profit of two banks decreased by 0.7%.<\/p>\n\n\n\n
As of December 31, 2024, total assets of the banks amounted to 11.023 trillion drams (20.1% growth compared to the beginning of the year). The volume of credit investments of banks, net of reserves, amounted to 6.270 trillion drams, having increased by 24.6% since the beginning of the year.<\/p>\n\n\n\n
Total liabilities in 2024 increased by 20% to AMD 9,243 bln, with liabilities to customers amounting to AMD 6,431 bln, up by 16.6%.<\/p>\n\n\n\n
The volume of total capital of the banks amounted to AMD 1,779.3 bln, having increased by 20.5% since the beginning of the year. -0-<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.<\/p>\n","protected":false},"author":5,"featured_media":259478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12750],"class_list":{"0":"post-259561","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-purchase"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/259561","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=259561"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/259561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/259478"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=259561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=259561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=259561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}