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

Central Bank of Armenia’s updated strategy does not include gold in its reserves: Galstyan

The Central Bank of Armenia has reviewed its approach to managing international reserves and decided not to include gold in them, stated Central Bank Chairman Martin Galstyan.

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

LATEST NEWS

spot_imgspot_imgspot_img