Ardshinbank has published its audited financial results for the year 2017, demonstrating sustainable growth.
By results of the year, the Bank has kept its position among the top three of the banking system by all key indicators.
Net profit for the year 2017 is AMD 5.5 billion.
The dynamics of main financial indicators for 2017 compared to the year 2016 is as follows:
|
Indicator |
Absolute value |
Growth/decline rate in % |
|
Assets |
568.1 |
3.6% |
|
Loan portfolio |
392.0 |
9.5% |
|
Customer funds |
345.0 |
15.9% |
Ardshinbank is the only private entity in Armenia with assigned ratings from two international major rating agencies (Moody’s and Fitch) equal to the rating of Sovereign.
In 2017, Ardshinbank paid to the state budget AMD 4,7 billion taxes.