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

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

Idram and IDBank Support Startups at Seaside Startup Summit

Thousands of ideas and numerous participants - all in one place.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

LATEST NEWS

spot_imgspot_imgspot_img