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

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 7, 2026, remained unchanged at 367.47 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (June 29 – July 5)

The week in the Armenian financial market was dominated by regulatory and institutional adjustments.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

LATEST NEWS

spot_imgspot_imgspot_img