Sat, 11 October
7.1 C
Yerevan
USD: 382.68 RUB: 4.71 EUR: 442.80 GEL: 141.21 GBP: 507.66

Net revenue of Armenia’s credit organization tumble 12.1% to AMD 3.3 bln in 2q

YEREVAN, August 31. /ARKA/. The net revenue of Armenia’s credit organizations slashed by 12.1% to nearly 3.3 billion drams in the second quarter of this year from a quarter earlier.
The analysis conducted by ARKA agency ranks Aregak credit organization as a leader in the net revenue index within the reported period.
Its 2 Q net revenue hit nearly 789.1 million drams against 1 Q’s 606.4 million drams. Aregak’s net income share in the aggregate net revenue was 23.8%.
The other top credit organizations in this index are Norvik- over 513 million drams ( 15.5 % share), Finca – around 427.4 million drams ( 12.9% share), Kamurj – nearly 236.8 million drams ( 7.1% share) and the National Mortgage Company – 211.8 million drams ( 6.4% share).
As of 30 June 2012 there are 32 credit organizations in Armenia. ($1- 409.12 drams).—0-

YEREVAN, August 31. /ARKA/. The net revenue of Armenia’s credit organizations slashed by 12.1% to nearly 3.3 billion drams in the second quarter of this year from a quarter earlier.

The analysis conducted by ARKA agency ranks Aregak credit organization as a leader in the net revenue index within the reported period.

Its 2 Q net revenue hit nearly 789.1 million drams against 1 Q’s 606.4 million drams. Aregak’s net income share in the aggregate net revenue was 23.8%.

The other top credit organizations in this index are Norvik- over 513 million drams ( 15.5 % share), Finca – around 427.4 million drams ( 12.9% share), Kamurj – nearly 236.8 million drams ( 7.1% share) and the National Mortgage Company – 211.8 million drams ( 6.4% share).

As of 30 June 2012 there are 32 credit organizations in Armenia. ($1- 409.12 drams).—0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img