en-UShy-AMru-RU
en-UShy-AMru-RU
25May

Ameriabank announces 2023 Q1 unaudited financial results

Sustained high profitability with net profit increasing by 51% YoY

Financial Highlights

  • total loan portfolio amounted to AMD 766 billion, up by 7% YtD
  • corporate large and SME loans portfolio reached AMD 418 billion, up by 9% YtD
  • retail loan portfolio stood at AMD 348 billion, with 5% growth YtD
  • retail and SME portfolio share in total loans stood at 62%
  • total deposits and bonds amounted to AMD 948 billion, up by 8% YtD
  • stage 3 NPL stood at 2.45%, remaining almost flat YtD
  • net profit reached AMD 11.3 billion, up by 51% YoY
  • return on equity (ROE) and return on assets (ROA) stood at 26.8% and 3.5% respectively 
  • tier 1 and total capital adequacy ratios (CAR) stood at 14.2% and 16.2% respectively


Operational Highlights

  • branch offloading rate* stood at 98% 
  • online banking penetration rate reached 66%, up by 3pp YtD
  • NPS improved to reach 76.9%, while CEI** comprised 9.5 
  • The number of mobile and internet banking transactions increased by 83% YoY, while the number of users increased by 46% YoY
  • Share of  digital sales stood at 49%

* share of transactions performed via distance and digital channels in the total number of bank's transactions.
** Client Experience Index with max possible value of 10