Financial sector |

We help our clients

To develop a financial model for investment projects in this field, to develop business plans, strategic plans for the development of companies, to study the markets of individual services, carry out salary research, optimize the business processes, create a strategy for the development of the sector, etc.

The financial sector is one of the most developed sectors of the Armenian economy, the role of which has been continuously increasing for the economy in recent decades. Currently, financial and insurance activities provide 7․4% of RA GDP. The main players in the sector are banks, insurance companies and credit institutions, while the capital market is limited with a narrow range of instruments, low liquidity of the secondary market, etc.

Latest publications

Armenia leads CIS countries by the number of active PMP certificate holders per million people

As of October 2024, the number of PMP-certified professionals in Armenia reached 429, a 64% increase compared with July 2022. In 2024 Armenia leads CIS countries by the number of active PMP certificate holders per million population.

30.10.24

2 min read

Net profits of RA banks | Q1-Q3 2023/2024

In January-September 2024, RA banks registered AMD 268 billion net profit, which is about 25% more than last year. The highest profit was registered by Ardshinbank (AMD 83 billion). All banks made a profit, but 3 out of 18 commercial banks recorded a decrease in net profit.

16.10.24

3 min read

Armenia leads CIS countries in CFA charterholders per million people

In 2024, the number of professionals with a CFA certificate in Armenia reached 61, an increase of 16 or 26.2% compared to 2020. As in 2020, in 2024 Armenia continues to lead CIS countries in the number of CFA charterholders per million population.

04.10.24

2 min read

Net profits of RA banks | H1 – 2023/2024

In January-June 2024, RA banks registered AMD 172 billion net profit, which is about 1.2 times higher than last year. The highest profit was registered by Ardshinbank (AMD 50 billion). All banks made a profit, but 4 out of 18 commercial banks recorded a decrease in net profit.

16.07.24

3 min read