Loan investments and leasing transactions of Armenian credit organizations rose to 155.4bln drams by end of June

21.08.2013 14:42
Loan investments and leasing transactions of Armenian credit organizations rose to 155.4bln drams by end of June

YEREVAN, August 21. /ARKA/. Loan investments and leasing operations of Armenia’s credit organizations climbed by 11.1% to 155.4 billion drams as of the end of June 2013, from December 31 the year before.

An analysis by ARKA agency shows National Mortgage Company is the leader in credit investments in the first quarter, accounting for 13.52% of all loan investments by credit organizations. Credit investments of the company, including leasing, amounted to about 21 billion drams by the end of June 2013, an increase of 9.2% compared to Q4 2012.

The top five also includes Finca - 19.7 billion drams, an increase of 12.8% (share in total assets is 12.67%), Norvik- 19.1 billion drams, 8.4% increase (12.28%), Aregak- about 13.4 billion drams, 18.5% increase (8.60%), AGBA Leasing – 8.6 billion drams, 11.2% increase (5.52%).

As of the end of June 2013 there were 33 credit organizations operating in Armenia. ($1 – 406.35 drams).–0--


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