YEREVAN, September 14. /ARKA/. Armenian credit organizations’ aggregate net profit for the first half of this year amounts to AMD 2.2 billion (2.8% year-on-year reduction).
ARKA News Agency’s analysis shows that Aregak was the largest profit-gainer among Armenian credit organizations in the first half of this year.
Its net profit amounted to AMD 677.8 million after growing 52.38% in 1H 2010, compared with the same period a year earlier.
The Aregak’s share in the country’s credit organizations’ aggregate net profit was 30.67% in the first half of 2010.
Norvik, with its AMD 602.2 million and 27.25% share, was the second biggest profit-gainer among Armenian credit organizations.
AGBA Leasing, with AMD 189.5 million (8.57%) came third, Express-Credit (AMD 145.2 million and 6.57%) fourth and National Mortgage Company (AMD 141.9 million and 6.42%) fifth in ARKA News Agency’s ranking.
Some 29 credit organizations with their 63 branches function in Armenia. ($1 = AMD 362.74). M.V.-0—
