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Credit organizations’ Aggregate net profit grows 64% to amd 5.5 billion in jan-sept 2011

YEREVAN, November 17. /ARKA/. Credit organizations’ aggregate net profit grew 64% or by AMD 2.2 billion in Jan-Sept 2011, compared with the same period a year earlier, to AMD 5.5 billion.

ARKA News Agency’s analysis shows that Kamurj company was the biggest profit-gainer among Armenian organizations in Jan-Sept 2011. Its net profit grew from AMD 1.3 million in Jan-Sept 2010 to AMD 1.6 billion in Jan-Sept 2011.

Kamurj accounted for 28.7% of credit organizations’ aggregate profit.

Aregak, with its AMD 1.2 billion, was the second largest profit-gainer among credit organizations in Jan-Sept 2011. Its net profit gained over the mentioned period made up 21.1% of Armenian credit organizations’ aggregate net profit.

Finca, with its AMD 481.1 million and 8.7% share, came third, Norvik, with AMD 410.6 million and 7.4% share, fourth and Express-Credit, with AMD 326.5 million and 5.9%, fifth.

Some 31 credit organizations operate in Armenia. (AMD 384.94).-0-

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