Armenian credit organizations’ total capital grows 4.2% to AMD 77.7 billion in 2nd Q

27.08.2013 19:22
Armenian credit organizations’ total capital grows 4.2% to AMD 77.7 billion in 2nd Q

YEREVAN, August 27. /ARKA/. Armenian credit organizations’ total capital amounted to AMD 77.7 billion by late June after growing 4.2% or by 3.1 billion over the second quarter.

ARKA News Agency’s analysis shows that Bnakaran Yeritasardnerin Universal Credit Organization’s total capital was largest in late June. It amounted to about AMD 16.8 billion and made up 21.60% of the aggregate total capital of all the credit organizations of the country.

Aregak UCO was singled out for the second biggest total capital – more than AMD 10.5 billion (13.59% of all credit organizations’ total capital).

National Mortgage Company, with its AMD 10.4 billion and 13.35% came third in ARKA News Agency’s ranking.

Norvik with AMD 7.2 billion and 9.32%, and Kamurj with more than AMD 5.2 billion and 6.69% follow the National Mortgage Company.

F.I.C.O, Kilikia, Malatia, Credit Corp and Kamurj were singled out for fastest quarterly growth. They showed 87.28%, 75.84%, 44.43%, 26.85% and 19.90% respectively in the second quarter.

Bnakaran Yeritasardnerin, National Mortgage Company and Norvik were distinguished for their authorized capital – AMD 15.8 billion, AMD 9.2 billion and more than AMD 5.6 billion respectively.

Thirty three credit organizations operated in Armenia in late June 2013. ($1 – AMD 405.92). ---0---0—


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