YEREVAN, August 26. / ARKA /. Aggregate liabilities of credit organizations in Armenia amounted to more than 62.5 billion drams as of June 30, 2011, having increased by 11.2% or 6.3 billion drams if compared to the same time span of last year.

According to an analysis, made by ARKA news, Norvik universal crediting organization was the leader by the size of total liabilities during the reporting period with 11.6 billion drams, 4.7% down compared to the first half of 2010. The organization accounted for 18.6% of the aggregate liabilities of all crediting organizations in Armenia.

The list of five leaders included also Finka with more than 9.1 billion drams (14.6% of the aggregate liabilities of credit institutions), ACBA Leasing with about 5.3 billion drams (8.4 %), the National Mortgage Company with more than 4.5 billion drams (7.3%) and BLESS with more than 4.3 billion drams (6.9%).

These five organizations accounted for about 56% of all liabilities of credit organizations. As of June 30, 2011 there were 31 credit organizations in Armenia operating 65 branches. ($1 - 367.68 drams).-0-