YEREVAN, June 25. /ARKA/. The National Mortgage Company (NMC) refinanced 4,644 mortgage loans worth a total of 37.4 billion drams as of June 24, 2014. Of them, 2,973 loans worth 28.8bln drams were refinanced in Yerevan and 1,671 loans worth 8.6bln drams in the country’s regions, the press office of the company reported.
According to the report, 3,061 loans worth 29.6bln drams were extended for purchase of housing and 1,583 loans worth 7.8bln drams were for renovation.
As of the end of March 2014, the company’s assets totaled 31.6 billion drams, total capital was 10.8bln drams and undistributed profit 1.6bln drams.
The National Mortgage Company is a refinancing credit organization registered and licensed by Armenia’s Central Bank, the sole founder and stockholder of the company. ($1-408.45 drams). -0-
