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Armenian crediting organizations’ assets up by 1.2 percent in April

YEREVAN, June 25. /ARKA/. Armenia’s crediting organizations’ assets upped by 1.2% in April 2012 from the previous month to a total of 134.8 billion drams, the Central Bank of Armenia said in a report posted on its official website.

According to it, their liabilities grew by 22% from March to over 86.5 billion drams. Their balance capital was said to have grown by 0.6% from March to 48.3 billion drams. Also their surplus earnings in the first quarter of this year amounted to 552.9 million drams as opposed to 78 million drams of profits in the first quarter of 2011. There are 32 crediting organizations in Armenia. ($1 – 418.54 drams). -0-

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