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