YEREVAN, November 23. /ARKA/. The return on assets (ROA) of Armenia’s credit organizations reported 4.37% as of 30 September instead of the previous 4.73% as of June 30.
According to the analyses conducted by ARKA agency, top five credit organizations with the highest ROA are Arfin Credit Union- 13.75% in the third quarter versus 14.84% in the second quarter, Aregak – 12.58% versus 12.98, Kamurj – 8.78% against 7.71%, Express Credit- 8.29% versus 12.72%, and BLESS- 7.09% against 5.87%.
At the same time Armenia’s credit organizations’ total return on equity (ROE) hit 11.41% as of 30 September versus 12.26% at the end-September 2011.
Top ROE credit institutions are Arfin Credit Union-58.17% versus 60.53%, BLESS- 40.83 % versus 34.05%, Farm Credit – 35.55% against 41.20%, FINCA- 24.36% versus 30.01% and Global Credit – 23.67% versus 22.93%.
As of 30 September 2012, there are 32 credit organizations in Armenia. ($1 – 406.86 drams). E.O.—0-
