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Total liabilities of credit organizations of Armenia in the third quarter of 2011 increased by 5.8% to 66.1 billion drams

YEREVAN, November 25. /ARKA/. Total liabilities of credit organizations of Armenia as of September 30, 2011 were over 66.1 billion drams, increased by 3.6 billion drams or 5.8% in the third quarter of 2011.
 
According to the analysis of ARKA News Agency the leader by the volume of total liabilities is UCO “Finca”. As of September 30 liabilities of Finca reached 10 billion drams, increased by 9.5%. In total liabilities of credit organizations of Armenia this organization has 15.2% of their volume.
 
In the first group of five by the volume of total liabilities are included also UCO “Norvik” – about 9.7 billion drams (14.6% of total liabilities of credit organizations), UCO “National Mortgage Company”  – over 6.1 billion drams (9.3%), UCO “AGBA Leasing” – over 5.6 billion drams (8.5%) and UCO “First Mortgage Company” –  over 4.2 billion drams (6.4%).
About 53.9% of all liabilities of credit organizations is focused in these five organizations – leaders by this indicator.
 
As of September 30, 2011 in Armenia 31 credit organizations with 65 branches were operating. ($1 – 383.42 drams). –0—
 
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