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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 July, 2024

3 min read

Information Technology Sector in Armenia 2023

You can learn more about the IT sector of Armenia in the report prepared by Modex advisory company.

02 April, 2024

5 min read

Top IT taxpayers 2022-2023

Note: The taxes paid by each company is calculated as the difference between the total amount paid by the company and the amounts returned to the unified account in terms of VAT and excise tax.

26 January, 2024

6 min read

Net profit of RA banks | Q1-Q3 2021/22

In January-September 2022, RA banks registered AMD 188 billion net profit, which is 3 times higher than last year. Ardshinbank registered the biggest profit with AMD 41.1 billion. All banks worked with profit, however, in the case of 3 out of 17 commercial banks, a decrease in net profit was recorded.

19.10.22

2 min read

Global Findex 2021 – Armenia

The Global Findex 2021 survey was conducted in Armenia among 1000 respondents aged 15+, face to face (between August 5 and December 12). The results of the survey show that In the last 12 months, 8.2% (±1.7%) of the RA population aged 15+ made a personal payment using a debit or credit card when making […]

04.07.22

3 min read