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

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Euro and US dollar exchange rates against the Armenian dram have fallen, while the ruble has risen: Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 19, 2026, decreased by 0.98 points compared to October 16, settling at 361.36 drams.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Central Bank of Armenia Proposes Information Security Requirements for Crypto-Service Providers

The Central Bank of Armenia (CBA) has submitted a draft regulatory act for public discussion that establishes minimum information security requirements for entities providing services related to crypto-assets.

LATEST NEWS

spot_imgspot_imgspot_img