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—
 
spot_img

POPULAR

EBRD invested €3 billion in Armenia through 245 projects – Falcetti

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector.

Russian ruble exchange rate in Armenia exceeded 5 drams: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.

“Cannot deliver your package”. IDBank warns about fake messages from ‘’HayPost’’

In Armenia, a wave of mass messages is being recorded that exploit trust in the national postal operator HayPost. Attackers use the expectation of the package as a fake reason to steal banking data or install spyware on users’ smartphones.

Unibank Sponsored the “Upside Down” Sport Climbing Festival

With the support of the Sport Climbing Federation of Armenia, the “Upside Down” sport climbing festival took place at the Ver Var bouldering gym, with Unibank acting as the sponsor of the event.

LATEST NEWS

spot_imgspot_imgspot_img