YEREVAN, June 7./ARKA/. Loan investments and leasing operations of Armenia’s credit organizations climbed by 8.9 billion drams or 8.8% to 109.5 billion drams as of March 31, 2012, from December 31 a year earlier.
The analysis compiled by ARKA news agency shows that the leader in credit investments of the first quarter is FINCA the investments of which make up 13.63% of all loan investments made by the credit organizations of Armenia.
As of March 31, the loan investments and leasing operations advanced by 48.9% to over 14.9 billion drams from a year earlier.
The top five also includes National Mortgage Company- 14.8 billion drams, that is 51% higher compared to the analogical period last year (13.49% share in total assets), Norvik- nearly 11.7 billion drams, 58.9% upturn (10.65%), Aregak- 10.8 billion drams, up by 20.8% (9.83%), AGBA Leasing – over 6 billion drams, increase by 31.1% (5.49%).
As of March 31 of 2012 there are 32 credit organizations with 87 branches in Armenia. ($1 – 413.26 drams). —0–
