Kamurj credit organization closed first half with a profit of 90.5 million drams

YEREVAN, July 28. /ARKA/. Kamurj (Bridge) credit organization said today it closed the first half of the year with a profit of 90.5 million drams. The organization’s loan portfolio stood at 11.3 billion drams, assets amounted to 13.1 billion drams, and the number of customers and the number of loans increased by almost 10% each.

Kamurj CEO Alexander Teryan was quoted as saying in a press release that the adopted strategy aimed at diversifying loans has led to the expected result, as evidenced by the significant growth of customers.

He expressed confidence that the credit organization is developing in the right direction, increasing the loan portfolio through diversified borrowers, while maintaining an acceptable level of risk.

At the same time, he added that in the future the organization will continue to introduce new types of loans and ensure a stable growth of indicators.

Kamurj was founded in 2010 by a charitable foundation to help develop microbusinesses. In February 2012 it was reorganized into Kamurj cjsc. ($ 1 – 478.73). -0-

spot_img

POPULAR

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img