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

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img