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

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

LATEST NEWS

spot_imgspot_imgspot_img