Union of Banks of Armenia: Profit of country's banking system amounted to around $568.5M in 2023
The banking system of Armenia has secured a profit of about 230 billion drams (approx. US$568.5 million) in 2023. Daniel Azatyan, Chairman of the Union of Banks of Armenia, announced this during a press conference on Tuesday.
It is about 9.2 percent less than in 2022. The low growth occurred in the…