Fri, 5 September
22.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Combined liabilities of Armenian crediting organizations drop 4.6%

YEREVAN, February 28, /ARKA/. Combined liabilities of Armenian crediting organizations dropped by 4.6% (2.5 billion Drams) in the fourth quarter of 2010, to 51.6 billion Drams.

According to an analysis, made by ARKA news agency, the leading organization by size of liabilities was Finka, whose liabilities stood at 7.9 billion Drams as of December 31, 2010, growing by 16.1% in the forth quarter from the previous one. Finka accounted for 15.3% of the combined liabilities of all crediting organizations.

The list of top five organizations included also ACBA Leasing with 5.5 billion Drams of liabilities which made 10.76% of the combined liabilities, Norvik with 5.1 billion Drams (

9.91% ), the National Mortgage Company – 4.6 billion Drams, ( 8.87%) and Bless – 3.9 billion Drams ( 7.55%). These five organizations accounted for 52.4% of the combined liabilities. There are 32 crediting organizations which operate 62 branches. ($1 – 366.6 Drams). -0-

spot_img

POPULAR

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img