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    Armenian banks posted a record $1.1B profit in 2025 - up 17% from 2024 and paid 38% more in taxes
    Armenia

    Armenian banks posted a record $1.1B profit in 2025 – up 17% from 2024 and paid 38% more in taxes


    Until 2022, the net profit of the Armenian banking system did not exceed 90 billion drams annually. According to revised data, in 2022 it exceeded 250 billion drams, the following year it decreased somewhat, and in 2024 it grew again at a high rate. The figure for 2025 is the highest.

    https://hetq.am/hy/article/179437

    Posted by ViktorArm

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    1. surenk6 on

      A question to people who understand this stuff better than me. This seems to be just more credits in Armenia. But Is this the good healthy growth of economy and income that leads to it? Or is it agressive/unhealthy encouragement for taking credits or just bad economy?