YEREVAN, May 2. \/ARKA\/. Total assets of credit organizations of Armenia increased by 16.7% making 101.8 billion drams as of March 31, 2011 in the 1st quarter, states the review of CBA on the activity of credit organizations for the 1st quarter of 2011.<\/p>\n
The amount of cash of credit organizations was 276.5 million drams increased by 12% compared with the beginning of the quarter. The amount of current accounts increased by 55.6% making 6.3 billion drams.<\/p>\n
According to CBA review, total assets of credit organizations under the item \u201ccredits to legal entities\u201d increased by 2.1% to about 12.8 as of March 31. Credits of physical entities increased by 8.4% making about 44.2 billion drams.<\/p>\n
A slight increase of 0.3% to 4.6 billion drams was recorded by the item \u201cleasing, factoring\u201d. Credits of employees and affiliates increased by 13.3% making more than 2 billion drams.<\/p>\n
Volume of requirements to the banks and other financial organizations was 25.2 billion drams.<\/p>\n
By the end of March, the volume of other assets was about 4.4 billion drams, increased by 46.6%. The size of reserve to cover possible losses on assets reduced by 26.2% making 1.6 billion drams. The size of accrued interest was 632.5 million drams.<\/p>\n
As of March 31, 2011, 31 credit organizations and 65 branches are registered in Armenia ($1 \u2013 370.68 drams).\u20140\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"
Total assets of credit organizations of Armenia increased by 16.7% making 101.8 billion drams as of March 31, 2011 in the 1st quarter<\/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":[15837,15763,12390],"class_list":{"0":"post-22641","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-loan-organizations","7":"category-news","8":"tag-armenia-2","9":"tag-assets-2","10":"tag-credit-organizations"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22641","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=22641"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/22641\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=22641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=22641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=22641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}