#PROFIT
Profitability of Armenian pension funds reached 7.8% - Central Bank of Armenia
The profitability of Armenian pension funds is estimated at approximately 7.8%, Vigen Shahnazaryan, Head of the Securities Market Department of the Central Bank of Armenia, said in an interview with Public Television of Armenia.Armenian banks' net profit in first three months of 2023 more than doubled to AMD 70 bln
Armenian banks' net profit in the first three months of 2023 surged to AMD 70 bln from AMD 32.5 bln in the same time span of 2022, having increased by 115%, according to ARKA news agency's ranking. All 18 banks posted net profit.Armenian banking sector secures profit of 187.8 billion drams in 9 months - UBA
All seventeen Armenia-based commercial banks earned 187.8 billion drams in profits in the first 9 months of 2022, by 121.5 billion drams (or 183.3%) more from the same time span of 2021, according to the Union of Banks of Armenia (UBA).RBC tells about cons and pros of mass relocation of Russians to Armenia
According to Armenia’s Migration Service, more than 786 thousand Russians entered Armenia in the first ten months of 2022 and only 744 thousand returned to Russia, Russian Business Consulting (RBC) outlet says in a story that looks into cons and pros of mass arrival of Russians to Armenia that began in late February after the launch of Russian ‘special military operation’ in Ukraine.Five sectors account for unprecedented amount of taxes collected in Armenia over 9 months of 2022
Armenian tax authorities collected 1 trillion 412 billion drams in various taxes in the first nine months of 2022, the highest ever amount of taxes collected in the same time span in previous years, the State Revenue Committee (SRC) said today.Average annual profit rate of three pensions funds managed by Amundi- ACBA Asset Management is 8-9 percent (video)
On September 30, 2021, the volume of assets managed by Amundi-ACBA Asset Management reached 220 billion drams, having increased by more than 7 billion drams in the third quarter alone, the press service of Acba bank reported today.Ameriabank's profit for Q 3, 2021 amounts to 14.5 billion drams: CEO expects to maintain leading position in key indicators
In the first nine months of 2021, Ameriabank was the leading bank in Armenia in terms of virtually all financial indicators, Artak Hanesyan, CEO of Ameriabank said today.VTB Bank (Armenia) offers maximized terms for deposits in Armenian drams
To maximize the terms and increase the profitability of its depositors, VTB Bank (Armenia) has raised interest rates on deposits in Armenia’s national currency, the dram, to 10% placed at least for a period of 12 months, the Russian-owned bank said in a news release today.News 1 - 20 of 28
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