Grant Thornton Armenia is proud to present its comprehensive analysis of Armenian commercial banks, covering the period from 2015 to 2023. Leveraging the powerful Tableau platform, this analysis offers an in-depth look at the main financial and economic indicators of the banking sector, providing actionable insights for stakeholders and decision-makers.
The analysis encompasses five key sections:
- General Information: A high-level overview of Armenian banks, organized by year and categorized through cluster analysis, highlighting the similarities and differences among various institutions. This section aids in understanding the competitive landscape and strategic positioning of banks.
- Financial Situation: A detailed exploration of key financial indicators, showcasing trends and comparisons between banks. This section features dynamic visualizations that allow users to analyze data distributions and track changes over time.
- Financial Results: Insights into profitability, income, expenses, and other critical indicators, enabling comparisons between banks and clusters. Users can explore trends and track individual bank performance dynamically.
- Loans: An analysis of loan portfolios categorized by customer types and other factors. This section highlights trends in loan allocations and provides insights into impairment reserves.
- Indicators: A closer look at relationships between key indicators, presenting trends dynamically and identifying leading positions in the banking sector.
The data is based on audited financial reports from Armenian banks and offers a detailed and comparative perspective on the sector’s evolution.
Note: Figures from Fast Bank for 2022 are not included in this analysis.
To explore the full report, visit the interactive Tableau dashboard available in English and Armenian.
