Aggregate share capital of 34 credit organizations in Armenia grew by 34.7% to 184.9 billion drams

YEREVAN, February 20. /ARKA/. The aggregate share capital of 34 universal credit organizations operating in Armenia amounted to 184.9 billion drams in late 2016, having grown by 34.7% from the previous year, according to an ARKA news agency’s analysis.

The leading credit organization by size of share capital was Bnakaran Yeritasardnerin, whose share increased by 42.3% over the previous year to 93.5 billion drams. The National Mortgage Company with 23.4 billion dram share capital was second. It increased by about 150% compared to the previous year.

It was followed by Aregak credit organization with 15.6 billion dram worth share capital, which grew by 10.4%. Export Finance was fourth with about 8.3 billion dram worth share capital (a growth by 32 times), and Finca was fifth with 6.2 billion drams (an 11.1% growth). ($ 1 – 486.74 drams). -0-

spot_img

POPULAR

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

Market capitalization in September totaled AMD 352.4 billion – Armenia Securities Exchange

Equity market capitalization in September 2026 stood at approximately AMD 352.4 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

Special symphony concert: results of trilateral cooperation summed up

Acba Bank, the Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia summed up the results of musical and cultural projects jointly implemented over many years.

LATEST NEWS

spot_imgspot_imgspot_img