29Feb
Ameriabank announces 2023 Q4 unaudited financial results
Robust growth of loan book (+32.9% YoY) and steadily high profitability (ROE of 25.6%)
Financial Highlights
• Total loan portfolio amounted to AMD 949 billion, up by 32.9% YoY
• Retail loan portfolio stood at AMD 419 billion, with 27.0% growth YoY
• Corporate large and SME loan portfolio reached AMD 530 billion, up by 37.9% YoY
• Retail and SME portfolio share in total loans stood at 61.2%
• Total deposits and bonds amounted to AMD 1,026 billion, up by 17.1% YoY
• Stage 3 NPL stood at 1.9%, improving by 0.5 pp YoY
• Net Interest Income reached AMD 75 billion, up by 49%
• Net profit reached AMD 46.1 billion, up by 4.0% YoY
• Return on equity (ROE) and return on assets (ROA) stood at 25.6% and 3.5% respectively
• Tier 1 and total capital adequacy ratios (CAR) stood at 14.1% and 16.8% respectively
Operational Highlights
• Offloading rate* and cash offloading rate** stood at 98% and 85% respectively
• Online banking penetration rate reached 72%, up by 9pp YoY
• NPS reached 79.0%, while CEI*** comprised 9.8.
• The number of mobile and internet banking transactions increased by 110% YoY,
• The number of monthly active users increased by 57% (Dec to Dec)
• Share of digital sales stood at 51%
* share of transactions performed via distance and digital channels in the total number of bank's transactions.
** share of cashless transactions performed via distance and digital channels (IB, MB, POS/VPOS) in the total number of transactions
*** Client Experience Index with max possible value of 10