Aggregate liabilities of Armenian universal credit organizations grow 10.2% to amd 53.5 billion

21.12.2009 20:18
Aggregate liabilities of Armenian universal credit organizations grow 10.2% to amd 53.5 billion

YEREVAN, December 21. /ARKA/. Aggregate liabilities of Armenian universal credit organizations reached AMD 53.5 billion by late September, after growing 10.2% or by AMD 4.9 billion since the beginning of this year.

ARKA News Agency’s analysis shows that Norvik, with its AMD 18 billion (9% growth for nine months), is the leading universal credit organization on liabilities.
Norvik’s share in Armenian universal organizations’ aggregate liabilities was 33.7%.

FINCA, with its AMD 8.1 billion (15.17% of aggregate liabilities), Aregak with AMD 6.6 billion (12.32%), AGBA Leasing with AMD 5.6 billion (10.48%) and SEF International with 3.2 billion (5.92%) follow Norvik.
The share of these five organizations in Armenian universal credit organizations’ aggregate liabilities is 77.6%.

Twenty five universal credit organizations with their 57 branches function in Armenia now. ($1 = AMD 375.14). –0—


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