YEREVAN, February 14, /ARKA/. Armenia’s crediting organizations’ net profits swelled last year by 12.5% from 2009 or 538.7 million Drams to 4.8 billion Drams.

According to an analysis, made by ARKA news agency, the leading organization in terms of net profit growth was Aregak. Its net profit grew 58.2% year-on-year to almost 1.4 billion Drams. The organization accounted for 28.7% of the aggregate net profits of all crediting organizations.

The top five organizations by size of net profits comprised also Norvik - 250 million Drams in net profits and 21.2% of the aggregate net profits, Finka – 374.2 million Drams and 7.7% respectively, ACBA Leasing – 292.4 million Drams and 6% and the National Mortgage Company – 285.7 million Drams and 5.3%). There are 32 crediting organizations in Armenia operating 62 branches. ($1 – 364.02 Drams). -0-