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Visa and Mastercard coverage in Armenia – Q1 2025

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Armenian banks recorded 586 mln USD net profit in 2023

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Armenian banks record 215 bln AMD net profit in 9 months of 2023

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Armenian banks recorded 142 bln AMD net profit in 1HY of 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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Converse Bank offers new loans to SME’s

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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 the Armenian banking sector for 2021: the net profit increased by 62%

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Converse Bank Brings Apple Pay to Customers

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Summary of results of Armenian banking sector for 9 months of 2021