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Assets of Armenian crediting organizations grew by 3.6 percent in February to 176.7 billion drams

YEREVAN, April 15. / ARKA /. The overall assets of 12 Armenia-based crediting organizations increased by 3.6% to 176.7 billion drams in February as opposed to the previous month, according to the monthly bulletin of the Central Bank of Armenia for February 2013.

According to the bulletin, their general obligations recorded an increase of 1.5 percent compared with January to more than 108.5 billion drams. At the same time, the total balance sheet capital grew in February by 7.2% to about 68.2 billion drams.

The retained profit of credit organizations amounted to 891 billion drams having increased by 78.4% from January. ($ 1 – 417.40 drams). -0-

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