YEREVAN, August 31. /ARKA/. The net revenue of Armenia’s credit organizations slashed by 12.1% to nearly 3.3 billion drams in the second quarter of this year from a quarter earlier.

The analysis conducted by ARKA agency ranks Aregak credit organization as a leader in the net revenue index within the reported period.

Its 2 Q net revenue hit nearly 789.1 million drams against 1 Q’s 606.4 million drams. Aregak’s net income share in the aggregate net revenue was 23.8%.

The other top credit organizations in this index are Norvik- over 513 million drams ( 15.5 % share), Finca – around 427.4 million drams ( 12.9% share), Kamurj – nearly 236.8 million drams ( 7.1% share) and the National Mortgage Company – 211.8 million drams ( 6.4% share).

As of 30 June 2012 there are 32 credit organizations in Armenia. ($1- 409.12 drams).—0-