{"id":95388,"date":"2016-02-17T10:59:54","date_gmt":"2016-02-17T10:59:54","guid":{"rendered":"https:\/\/armbanks.am\/2016\/02\/17\/244227\/"},"modified":"2024-12-15T13:22:21","modified_gmt":"2024-12-15T13:22:21","slug":"ranking-of-armenian-banks-by-size-of-assets-in-2015","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/02\/17\/95388\/","title":{"rendered":"Ranking of Armenian banks by size of assets in 2015"},"content":{"rendered":"<p><strong>YEREVAN, February 15. \/ARKA\/.<\/strong> The total assets of 21 commercial banks in Armenia grew by 4.67% in 2015 to 3.548.1 trillion drams, according to ARKA news agency\u2019s latest ranking of Armenian banks by size of assets. In 2015 the banks\u2019 overall lending grew by only 0.69% to 2.182.2 trillion drams, down from 21.2% growth in 2014.<\/p>\n<p>It should be noted that since 2003 the assets of Armenian banks showed double-digit growth rates &#8211; from 20 to 40 percent annually.<\/p>\n<p>The top five banks in 2015 in terms of assets size were Ameriabank, Ardshinbank, VTB Bank (Armenia), Armbusinessbank and HSBC Bank Armenia, which boasted 51.16% of the total assets or 1.815.5 trillion drams.<\/p>\n<p>Ameriabank\u2019s assets in 2015 stood at 515.8 billion drams, having increased by 29% from 2014. This bank accounted for 14.5% of the total assets of all 21 banks. Ardshinbank, which accounted for 11.3% of all assets, had 401.7 billion drams worth assets, a 9.6% rise form the previous year.<br \/>\nVTB Bank (Armenia) accounted for 8.9% of the total assets. Last year it saw its assets increase by 12.5% \u200b\u200b to about 315.8 billion drams.<\/p>\n<p>ArmBusinessBank\u2019s assets grew last year by 13.85% to 306.6 billion drams. It accounted for 8.6% of all assets. And HSBC Bank Armenia, which accounted for 7.76% of the total, saw its assets decrease by 10.18% to 275.4 billion drams.<\/p>\n<p>Of 21 banks 11 banks increased their assets in 2015. The largest growth of 48% was reported by Inecobank after it acquired the shares of ProCredit Bank. After the transaction its assets grew to 236.6 billion drams.<\/p>\n<p>At the same time the largest decline of 25.57% was showed by Byblos Bank Armenia. Its assets fell to 39.7 billion drams.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-95389\" src=\"https:\/\/armbanks.am\/wp-content\/uploads\/2024\/12\/ranking.jpg\" alt=\"ranking\" width=\"650\" height=\"531\" \/><br \/>\nThe ranking was compiled based on ARKA\u2019s quarterly bulletin \u2018Banks of Armenia.&#8221; For purchase of this bulletin and other information products of the new agency, please contact the marketing department (e-mail: sales@arka.am). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total assets of 21 commercial banks in Armenia grew by 4.67% in 2015 to 3.548.1 trillion drams, according to ARKA news agency\u2019s latest ranking of Armenian banks by size of assets<\/p>\n","protected":false},"author":1,"featured_media":173308,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12315,9214,9216,13105],"tags":[15837,12163,13106,15616],"class_list":{"0":"post-95388","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-announces","8":"category-banks-en-en","9":"category-news","10":"category-ratings","11":"tag-armenia-2","12":"tag-banks","13":"tag-ranking","14":"tag-rating-2"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/95388","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=95388"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/95388\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/173308"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=95388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=95388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=95388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}