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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—

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