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Total investments and leasing operations of Armenian crediting organizations stood at 149.6 billion drams as of March 31

YEREVAN, May 29. / ARKA /. The total amount of investments and leasing operations of thirty-three crediting organizations operating in Armenia stood at 149.6 billion drams as of March 31, 2013, by 8.8 billion drams or 8.8 percent up from the fourth quarter of 2012.

According to an ARKA study, the leading organization by size of investments and leasing operations was the National Mortgage Company, which accounted for about 13.32% (19.9 billion drams, 3.6 percent up from the fourth quarter of 2012) of the total credit portfolios of all crediting organizations.

The top five in terms of credit investments and leasing operations size included Finka (19.2 billion drams, an increase of 10.3%. It accounted for 12.86% of total investments; Norvik – 18.8 billion drams, a 6.8% rise. It accounted for 12.57% of the total. It was followed by Aregak – about 12.6 billion drams, an increase of 11.63% and 8.42% in the total and ACBA Leasing – 8.6 billion drams, a growth of 11.3% and 5.73% in the total amount of investments and leasing operations. ($ 1 – 415.35 drams). -0-

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