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3Q capital of Armenia’s credit organizations hikes 15.4% to AMD 64.5 bln

YEREVAN, November 22. /ARKA/. The total capital of Armenia’s credit organizations rose by 8.6 billion drams or 15.4% to nearly 64.5 billion drams as of 30 September 2012.

According to the analyses conducted by ARKA agency, Bnakaran Yeritasardnerin (Apartment for the Youth) credit organization tops the list of credit institutions with the highest capital. Its total capital accounted nearly 10 billion drams at end-September. Its share in the total capital of all credit organizations in Armenia is 15.57%.

Some other leaders in this indicator are the National Mortgage Company- about 9.9 billion drams (15.47% share), Aregak- over 9.3 billion drams (14.52%), Norvik- around 7.2 billion drams (11.13%), and FINCA-over 5.2 billion drams (8.04%).

The highest  capital growth rates reported Fast Credit (2.1 times), FINCA (88.8%), Credit Corp ( by 58.1%) and Malatia ( by 39.5%).

The charter capital top three leaders are Bnakaran Yeritasardnerin (9.6 billion drams), the National Mortgage Company (9.2 billion drams) and Norvik (over 5.6 billion drams).
As of 30 September 2012, there are 32 credit organizations in Armenia. ($1 – 407.17 drams). -0–

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