{"id":20094,"date":"2011-02-24T11:04:37","date_gmt":"2011-02-24T11:04:37","guid":{"rendered":"https:\/\/armbanks.am\/2011\/02\/24\/232380\/"},"modified":"2024-12-15T12:50:06","modified_gmt":"2024-12-15T12:50:06","slug":"armenias-crediting-organizations-post-0-86-growth-in-combined-assets-in-q4-2010","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2011\/02\/24\/20094\/","title":{"rendered":"Armenia\u2019s crediting organizations post 0.86% growth in combined assets in Q4, 2010"},"content":{"rendered":"<p><strong>YEREVAN, February 24, \/ARKA\/.<\/strong> Combined assets of Armenia\u2019s crediting organizations grew by 0.86% in the last quarter of 2010 or by 764 million Drams to 90 billion Drams as of December 31, according to an analysis made by ARKA based on their financial reports.<\/p>\n<p>The leading organization by size of assets was Norvik that had 11.1 billion Drams despite its assets slashed by 38% or 6.8 billion Drams in the quarter 4. Norvik accounted for 12.37% of the combined assets of all crediting organizations.<\/p>\n<p>The five top originations\u2019 list included also the National Mortgage Company that posted a 5% rise in the last quarter of 2010. Its assets stood at 10.3 billion Drams as of December 31. The organization accounted for 12% of the combined assets of all crediting organizations.<\/p>\n<p>Aregak universal crediting organization came in third after posting a 1.77% increase or 178 million Drams to 10.2 billion Drams and accounting for 11.31% of the combined assets. Finka crediting organization was fourth. Its assets rose by 14% to 10.1 billion Drams. Finka accounted for 11.22% of the combined assets. ACBA Leasing was fifth. Its assets dropped by 4.8% or 403.8 million Drams to 7.9 billion Drams. It accounted for 8.9% of the combined assets.<\/p>\n<p>The highest assets growth rate in Q4, 2010 was reported by Kamurj organization. Its assets were said to have grown by a factor of 16 to 2.9 billion Drams. The assets of the Ecumenical Church Fund grew by 28% to 1.3 billion Drams and those of Gladzor organization by 25% to 722 million Drams. There are presently 32 crediting organizations in Armenia operating 62 branches. ($1 \u2013 364.58 Drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Combined assets of Armenia\u2019s crediting organizations grew by 0.86% in the last quarter of 2010.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12202,9216],"tags":[15837,12692,466],"class_list":{"0":"post-20094","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-loan-organizations","7":"category-news","8":"tag-armenia-2","9":"tag-crediting-organizations","10":"tag-466"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/20094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=20094"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/20094\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=20094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=20094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=20094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}