YEREVAN, December 22. \/ARKA\/. Undistributed aggregate proceeds of Armenian credit organizations reduced 44.8% from AMD 2351.8 million in Jan-Sept 2008 to AMD 1298.2 million at the same period of this year.<\/p>\n
ARKA News Agency\u2019s analysis shows that accumulated proceeds on credit organizations accounts totaled AMD 463.3 million by late September.<\/p>\n
Credit organizations\u2019 interest proceeds for nine months totaled AMD 7772.8 million and interest expenses AMD 2362.8 million.<\/p>\n
As a result, net interest proceeds totaled AMD 5410.1 million.<\/p>\n
Aregak is the largest profit-gainer among Armenian universal credit organizations.<\/p>\n
Its net profit reached AMD 758.3 million by late September after growing 124.5% in Jan-Sept, compared with the same period a year earlier. .<\/p>\n
Aregak\u2019s share in aggregate bet profits of Armenian credit organizations was 58.4% in Jan-Sept 2009.<\/p>\n
FINCA with its AMD 400.7 million (30.9% share), AGBA Leasing with AMD 205 million (15.8%), Express Credit with AMD 175.5 million (13.5%) and BLESS with 142.6 million (11%) are among the biggest profit gainers as well.<\/p>\n
Twenty five universal credit organizations with their 57 branches function in Armenia now.<\/p>\n
Their aggregate assets amount to AMD 76.8 billion, total capital AMD 23.3 billion and liabilities 53.5 billion. ($1 = AMD 373.97).\u20130\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"
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