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Armenian central bank registers new credit organization export finance

YEREVAN, August 5. /ARKA/. The board of the Central Bank of Armenia registered today a new credit organization – EXPORT FINANCE Universal Credit Organization CJSC and gave a license to it, the press office of the regulator reports.

Thirty three credit organizations operate in Armenia now. Their aggregate assets totaled AMD 292.2 billion in late June 2015 after growing 7.15% since the beginning of the year and their liabilities amounted to AMD 154.6 billion after shrinking 3.14%.

The credit organizations’ capital has grown 21.85% since the beginning of this year to AMD 137.6 billion in late June. ($1- AMD 478.53). —-0—–

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