YEREVAN, February 25. / ARKA /. Armenian credit organizations earned last year 6.2 billion drams in net profits, by 7.5% more than in 2012, according to “Credit Organizations of Armenia” bulletin for the IV quarter of 2013, compiled by ARKA.
Incidentally, out of 33 credit organizations 30 ended the year with profit, while three organizations- Finka, Malatya and Credit Corp – reported a total of 76 million dram losses.
The leading organization by size of net profit was Aregak that earned last year 1.512.9 billion drams, down from 1.564.7 billion drams in 2012. It accounted for 24.5 % of the overall net income of all credit organizations.
It was followed by Bnakaran Yeritasardnerin that earned more than 892.2 million drams (a growth of more than 2.5 times), Kamurj – 688.7 million drams (up 48.2% ), National Mortgage Company – 578.1 million drams (up 26.4 %) and Norvik – 310.5 million drams (down 17.8% ) . ($ 1 – 412.75 drams). -0 –
