Sun, 11 May
16.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

Assets of Armenia’s credit organizations increased by 6.8% in Jan-June 2016 to AMD 332.5 billion

YEREVAN, August 22. /ARKA/. Aggregate assets of Armenia’s credit organizations grew 6.8% in Jan-June 2016, compared with the same period a year earlier, to AMD 332.5 billion.

ARKA News Agency’s analysis shows that in Jan-June 2016 the largest asset-owner among credit organizations was Bnakaran Yeritasardnerin Universal Credit Organization, whose assets have grown 24.4% over the first six months of this year to AMD 79.6 billion. Its share in the aggregate assets of Armenia’s credit organizations was 24%.

The National Mortgage Company is singled out in ARKA News Agency’s ranking as second biggest asset-owner – it has built up its assets by 7.9% since the beginning of the year to AMD 41.7 billion and its share in the total assets was 12.6% in late June.

FINCA Universal Credit Organization came third in ARKA News Agency’s ranking – its assets have shrunk 2.3% to AMD 30.3 billion and made up 9.1% of the total assets of Armenia’s credit organizations.

Fast Credit, with its AMD 18.5 billion, 14.2% growth and 5.6% share, was placed fourth in the ranking and Aregak, with AMD 17.4 billion, 0.3% growth and 5.2% share, fifth.

As many as 32 credit organizations operate in Armenia now. ($1 – AMD 475.30). –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