
Armenian banks work with great profits. According to the report submitted by the banks last year, the net profit of the Armenian banking system made 38.3 billion drams last year, while in 2016 the index made 32.1 billion drams.
The largest profit was provided by Ameriabank, the net profit of which amounted to 7.6 billion drams.
Inecobank is in the second place, the profit of which is 7 billion drams.
Ardshinbank is the third with a profit of 5.69 billion drams in 2017.
ACBA-CREDIT AGRICOLE BANK with 5.56 billion drams is in the fourth place.
In the fifth place is Anelik Bank, the profit of which is 4.2 billion drams.
Only two of the 17 operating banks have completed 2017 with a loss.
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