Mon, 8 September
31.1 C
Yerevan
USD: 382.77 RUB: 4.70 EUR: 447.46 GEL: 142.16 GBP: 515.90

Loan investments and leasing transactions of Armenian credit organizations rose to 155.4bln drams by end of June

YEREVAN, August 21. /ARKA/. Loan investments and leasing operations of Armenia’s credit organizations climbed by 11.1% to 155.4 billion drams as of the end of June 2013, from December 31 the year before.

An analysis by ARKA agency shows National Mortgage Company is the leader in credit investments in the first quarter, accounting for 13.52% of all loan investments by credit organizations. Credit investments of the company, including leasing, amounted to about 21 billion drams by the end of June 2013, an increase of 9.2% compared to Q4 2012.

The top five also includes Finca – 19.7 billion drams, an increase of 12.8% (share in total assets is 12.67%), Norvik- 19.1 billion drams, 8.4% increase (12.28%), Aregak- about 13.4 billion drams, 18.5% increase (8.60%), AGBA Leasing – 8.6 billion drams, 11.2% increase (5.52%).

As of the end of June 2013 there were 33 credit organizations operating in Armenia. ($1 – 406.35 drams).–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Freedom Broker Armenia ranks as one of the largest taxpayer in Armenia

Freedom Broker Armenia has been recognized as one of the largest taxpayers in the country, underscoring its leadership in the investment sector and commitment to sustainable business practices.

Armenia to receive 45.3 million euros from ADB to improve healthcare quality

Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img