Tue, 24 February
1.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

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

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

LATEST NEWS

spot_imgspot_imgspot_img