Armenian Credit Organizations’ liabilities exceed AMD110.8bln late March

24.05.2013 15:30
Armenian Credit Organizations’ liabilities exceed AMD110.8bln late March

YEREVAN, May 24. /ARKA/. Aggregate liabilities of Armenia’s credit organizations rose by 5.5% or 5.8 billion drams in the first quarter to 110.8 billion drams by the end of March this year.

An analysis by ARKA news agency showed Finca was the leader in the amount of total liabilities among credit organizations in Q1. Its liabilities reached 16.6bln drams by the end of March, an increase of 5.2% over the quarter. Finca accounts for 14.98% of the overall liabilities of Armenian credit organizations.

Four other credit organizations have also recorded high levels of liabilities – National Mortgage Company (over 15.4bln drams and 13.93% of the overall liabilities of credit organizations), Norvik (about 14.3bln drams and 12.92% respectively), ACBA Leasing (over 7.8bln drams and 7%) and SEF International (over 5.8bln drams and 5.27%).

The above five credit organizations account for 54.17% of the aggregate liabilities.
There were 33 credit organizations operating in Armenia as of the end of March 2013. ($1=414.82drams).–0--


Read the news first and discuss them in our Telegram


Tags: , , Новости Армении АМИ Новости-Армения

Related Posts
Armenian credit organizations’ assets built up 24.5% to AMD 209.8 billion in 20132014-02-13 18:10:26 Armenian credit organizations’ assets built up 24.5% to AMD 209.8 billion in 2013
AMD denominated coupon bonds by Converse Bank listed on NASDAQ OMX Armenia2017-09-15 13:55:58 AMD denominated coupon bonds by Converse Bank listed on NASDAQ OMX Armenia
Government bonds worth AMD 5 billion auctioned at NASDAQ OMX Armenia2017-06-21 21:11:02 Government bonds worth AMD 5 billion auctioned at NASDAQ OMX Armenia
Armenian central bank auctions AMD 500 million worth short-term government bonds2016-06-28 14:52:31 Armenian central bank auctions AMD 500 million worth short-term government bonds
Armenia’s banks end 2015 with AMD 18.2 billion profits in 2015 showing 12.3% growth2016-01-25 20:51:59 Armenia’s banks end 2015 with AMD 18.2 billion profits in 2015 showing 12.3% growth
Internet transactions carried out in Armenia by using payment cards grow 19% to AMD 4.2 billion2015-08-19 16:09:22 Internet transactions carried out in Armenia by using payment cards grow 19% to AMD 4.2 billion
Armenia’s monetary base shrinks 5.1% to AMD 818 billion in June2015-07-31 16:19:21 Armenia’s monetary base shrinks 5.1% to AMD 818 billion in June
Armenia’s money stock grows 0.5% to AMD 1 686.9 billion in June2015-07-31 16:16:56 Armenia’s money stock grows 0.5% to AMD 1 686.9 billion in June
EBRD places fourth issue of dram coupon bonds worth AMD 2 billion2015-07-30 15:57:40 EBRD places fourth issue of dram coupon bonds worth AMD 2 billion

«
»