Mon, 23 February
12.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

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

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Euro fell 2.54 points against the Armenian dram, while the dollar and ruble also declined

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 19, 2026, fell by 0.74 points compared to February 18, to 376.94 drams.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img