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Armenian banks’ high profitability recorded in 1Q 2023

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During 2022, ROAE of the Armenian banking sector increased by more than 3 times

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Total net profit of Armenian banks for 9 months of 2022 amounts to record $430 mln

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Total net profit of Armenian banks for 1HY of 2022 increased by 2.7 times

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Financial analysis of Armenian banking sector - 1Q 2022

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Armenian Ambassador builds up an "alliance" between Mankan and Reptilia