Sat, 26 July
35.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

AGBA LEASING company’s 2011 net profit AMD 363 million

YEREVAN, April 13. /ARKA/. AGBA Leasing company’s net profit totaled AMD 363 million in 2011.
According to the company’s press release, its loan portfolio amounted to AMD 6.3 billion in 2011.
The company provides leasing services all over Armenia’s territory.
Yesterday AGBA Leasing opened a new office in Yerevan. Business people, foreign guests and representatives of the Central Bank of Armenia were present at the opening ceremony.
The new office is comfortable and properly equipped.
AGBA Leasing CJSC was established in April 2003.
The company’s assets totaled AMD 8.5 billion and liabilities AMD 5.4 billion in late December 2011.
Its total capital amounted to AMD 2.7 billion.
The company’s net profit grew 24.3% in 2011, compared with the previous year. ($1 – AMD 391.77). -0—

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

LATEST NEWS

spot_imgspot_imgspot_img