YEREVAN, January 26, /ARKA/. The aggregate capital of Armenian credit organizations in Q4, 2009 grew by 1.2% to 26.2 billion Drams, the Central Bank of Armenia said in its quarterly review of Armenian credit organizations performance.
According to the review, the charter capital of credit organizations fell by 5.1% to 19.8 billion Drams. The share of non-resident capital rose by 5.1% to 9 billion Drams. Their retained earnings rose to 5.9 billion Drams from 4.5 billion Drams at the beginning of Q4.
At the end of 2009 there were 27 registered credit organizations in Armenia with 55 branches. ($1 – 377.81 Drams). -0-
