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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

CMTPLI market, 2021

In 2021, theCMTPLI market size in Armenia was about AMD 21.1 billion. The market leader was Rosgosstrakh Armenia with a 30.8% market share, followed by Nairi Insurance with a 22.6% share. In 2021, the share of insurance companies’ current compensations in the revenue structure was on average 79.0%, and in the case of Ingo Armenia […]

22.06.22

2 min read

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 […]

20.06.22

2 min read