Armenian credit organizations’ total capital grows 4.2% to AMD 77.7 billion in 2nd Q

YEREVAN, August 27. /ARKA/. Armenian credit organizations’ total capital amounted to AMD 77.7 billion by late June after growing 4.2% or by 3.1 billion over the second quarter.

ARKA News Agency’s analysis shows that Bnakaran Yeritasardnerin Universal Credit Organization’s total capital was largest in late June. It amounted to about AMD 16.8 billion and made up 21.60% of the aggregate total capital of all the credit organizations of the country.

Aregak UCO was singled out for the second biggest total capital – more than AMD 10.5 billion (13.59% of all credit organizations’ total capital).

National Mortgage Company, with its AMD 10.4 billion and 13.35% came third in ARKA News Agency’s ranking.

Norvik with AMD 7.2 billion and 9.32%, and Kamurj with more than AMD 5.2 billion and 6.69% follow the National Mortgage Company.

F.I.C.O, Kilikia, Malatia, Credit Corp and Kamurj were singled out for fastest quarterly growth. They showed 87.28%, 75.84%, 44.43%, 26.85% and 19.90% respectively in the second quarter.

Bnakaran Yeritasardnerin, National Mortgage Company and Norvik were distinguished for their authorized capital – AMD 15.8 billion, AMD 9.2 billion and more than AMD 5.6 billion respectively.

Thirty three credit organizations operated in Armenia in late June 2013. ($1 – AMD 405.92). —0—0—

spot_img

POPULAR

The Power of One Dram to ‘’Vahe Meliksetyan’’ Foundation

The April beneficiary of ‘’The Power of One Dram’’ initiative was the “Davitbek Games” Foundation.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

Armenia adopts internationally accepted approach to forming a neutral capital buffer – Central Bank Governor

Armenia has begun implementing a world-leading approach to forming a neutral capital buffer, announced Central Bank Governor Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img