Thu, 6 March
10.1 C
Yerevan
USD: 394.58 RUB: 4.43 EUR: 425.79 GEL: 141.83 GBP: 507.86
spot_img

Assets of armenia’s Credit Organizations increased by 6.5% to AMD 290.6 billion

YEREVAN, November 17. /ARKA/. Assets of Armenia’s credit organizations have grown 6.5% over the first nine months of this year to about AMD 290.6 billion.

Bnakaran Yeritasardnerin is singled out in ARKA News Agency’s analysis for the largest amount of assets – this universal credit organization’s assets grew 55% in the nine months to AMD 65.4 billion. Its share in aggregate assets of Armenia’s credit organizations is 22.5%.

National Mortgage Company, with its AMD 37.9 billion, 8.9% nine-month growth and 13.05% share in aggregate assets, is the second biggest asset owner.

FINCA, with its AMD 28.2 billion, 5.7% decline and 9.72% share, came third in ARKA News Agency’s ranking.

Aregak and Kamurj universal credit organizations were fourth and fifth in the ranking – Aregak with its AMD 17 billion, 4.5% growth and 5.85% share and Kamurj with AMD 16 billion 1.4% and 5.5% respectively.

There were 32 credit organizations in Armenia in late September 2015. ($1 – AMD 481.88). —0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img