YEREVAN, March 10. \/ARKA\/. Armenian credit organizations\u2019 aggregate assets and credit portfolio grew 15% in 2009, Vahe Vardanyan, chief of Armenian Central Bank\u2019s division for regulating financial system policy, said Wednesday at an annual assembly of Association of Credit Organizations of Armenia.<\/p>\n
He found it quite remarkable, especially amid the crisis. Vardanyan welcomed credit organizations\u2019 determination to continue their services and build up their credit portfolios despite the crisis.<\/p>\n
He said Armenian credit organizations showed quite fast growth in recent two or three years.<\/p>\n
They built up their assets and loans and lending by 60% every year. Vardanyan said that this result is as high as that of banks.<\/p>\n
Their aggregate assets amounted to AMD 75.8 billion, total capital reached AMD 26.2 billion, and liabilities AMD 49.6 billion by late December 2009.<\/p>\n
Credit organizations have lent AMD 44.1 billion to the economic sector. Armenia has 28 credit organizations now. ($1 = AMD 388.92). –0–<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenian credit organizations\u2019 aggregate assets and credit portfolio grow 15% in 2009<\/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":[9216],"tags":[12528,15837,12390],"class_list":{"0":"post-8695","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-aggregate-assets","8":"tag-armenia-2","9":"tag-credit-organizations"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/8695","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=8695"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/8695\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=8695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=8695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=8695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}