Fri, 4 April
9.1 C
Yerevan
USD: 391.32 RUB: 4.67 EUR: 432.53 GEL: 141.78 GBP: 514.27
spot_img

Credit organizations” investments and leasing transactions in six months 2016 grew by 7.2% to 239.7 billion drams

YEREVAN, August 19. /ARKA/. The total amount of credit investments and leasing transactions made by Armenia-based 32 credit organizations over the first six months of 2016 grew by 7.2% from the beginning of the year to about 239.7 billion drams, according to an ARKA news agency’s study.

The top five credit organizations by size of credit investments and leasing transactions were the National Mortgage Company, Bnakaran Yeritasardnerin, Finca, Fast Credit and Export Finance, which accounted for about 52.4% or 125.6 billion drams of the total volume of credit investments and leasing operations made by all 32 credit organizations of Armenia.

The National Mortgage Company’s indicator was 37.3 billion drams, approximately 9.6% more from the beginning of the year. Bnakaran Yeritasardnerin’s credit investments and leasing transactions amounted to 29.5 billion drams, up from 15.2 billion drams at the beginning of the year (an increase of 1.9 times).

It was followed by Finca with 26 billion drams (a decline of about 5.6%). Fast Credit’s credit investments and leasing operations surged by 16.1% to 17.5 billion drams.

The figure for Export Finance was about 15.3 billion drams, a decrease of 15.3% when compared with the beginning of the year. ($ 1 – 475.30 drams).  -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