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Armenian Сentral bank registers new credit organization – Fast Credit Capital

YEREVAN, October 15. /ARKA/. On Friday, the board of the Central Bank of Armenia registered Fast Credit Capital credit organization and gave a license to it, the central bank’s press office reports.
 
Armenia had 31 credit organizations with their 65 branches. Their assets total AMD 108.3 billion and liabilities AMD 62.5 billion. Credit organizations’ total capital amounted to AMD 45.7 billion, their aggregate net profit for the first half of this year to AMD 3.8 billion and their aggregate credit portfolio AMD 77.8 million.
 
Credit organizations’ liabilities toward clients totaled AMD 18.8 billion. ($1 = AMD 376.23). -0—

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