Crediting organizations’ ROA indicator rises 5.52% in the fourth quarter of 2010

Loans

YEREVAN, March 1, /ARKA/. Armenia’s crediting organizations’ return on assets (ROA) indicator rose 5.52% in the fourth quarter of 2010 from 5.32% in the previous quarter, according to an analysis made by ARKA news agency based on their financial reports for the 4th quarter of 2010.

The return on equity (ROE) indicator grew to 14.06% from 13.82% at the end of September 30, 2010.

The leading organization in terms of ROA indicator was Kamurj organization with a 45.07% annual index, up from 1.95% at the end of the third quarter. In terms of

ROE index it came in second with a 114.73% annual figure.

The first in terms of  ROE indicator was Global Credit organization with a 162.07% indicator. In terms of ROA it was second with 3.42% annual index. The third position in terms of ROA went to Aregak crediting organization with 12.78% annual index, up from 11.93% at the end of the third quarter. In terms of ROE indicator it was seventh with 23.82% index, a little up from 23.6% at the end of September, 2010. The third position in terms of ROЕ was held by Garni Invest with 48.34% indicator, up from 42.83% at the end of September. There are 32 crediting organizations in Armenia with 62 branches. -0-

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