Mon, 4 August
24.7 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

Aggregate liabilities of Armenian universal credit organizations grow 10.2% to amd 53.5 billion

YEREVAN, December 21. /ARKA/. Aggregate liabilities of Armenian universal credit organizations reached AMD 53.5 billion by late September, after growing 10.2% or by AMD 4.9 billion since the beginning of this year.

ARKA News Agency’s analysis shows that Norvik, with its AMD 18 billion (9% growth for nine months), is the leading universal credit organization on liabilities.
Norvik’s share in Armenian universal organizations’ aggregate liabilities was 33.7%.

FINCA, with its AMD 8.1 billion (15.17% of aggregate liabilities), Aregak with AMD 6.6 billion (12.32%), AGBA Leasing with AMD 5.6 billion (10.48%) and SEF International with 3.2 billion (5.92%) follow Norvik.
The share of these five organizations in Armenian universal credit organizations’ aggregate liabilities is 77.6%.

Twenty five universal credit organizations with their 57 branches function in Armenia now. ($1 = AMD 375.14). –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img