Health Insurance Market, 2021
In 2021, the size of the health insurance market of the RA was about AMD 12.6 billion. The market leader was Ingo Armenia with a 30.8% market share, followed by Rosgosstrakh Armenia (26.7% share). In 2021, the share of insurance companies’ current compensations in the revenue structure was on average 71.3%, and in the case […]
Tourism in Armenia | Q1 2022
In the 1st quarter of 2022, about 249 thousand tourists visited Armenia, which is about 32% less than in the same period of 2019, before the COVID-19 pandemic. In the 1st quarter of 2022, 44% of tourists were citizens of the Russian Federation, 23% were citizens of Armenia permanently residing in other countries, and 10% […]
Net profit of RA banks | Q1 2021/22
In January-March 2022, RA banks registered AMD 31 billion net profit, which is 58.6% higher than last year. Ameriabank registered the biggest profit with AMD 7.5 billion. Compared to the first quarter of the last year, the net profit of 4 out of 17 commercial banks decreased, while VTB Armenia recorded a financial loss (AMD […]