Armenia’s Kamurj posts 140 mln drams in profit at end Q2

03.08.2015 12:03
Armenia’s Kamurj posts 140 mln drams in profit at end Q2

YEREVAN, August 3. /ARKA/. Kamurj universal credit organization earned 140 million drams in profit in the second quarter of this year. The company’s net profit has totaled about 350 million drams since the beginning of 2015.

Total assets of Kamurj exceeded 16 billion drams and the number of clients was about 20,000 as of the end of the quarter.

The head of the company’s board Ara Aghayan praised quite a high level of profits in the reporting period despite difficulties in the financial market.

The organization will continue increasing its loan portfolio and assets, while maintaining a low risk level, he said.

Aghayan expressed hopes that 2015, like 17 previous years, will be a profitable year for the company, and that the clients will be satisfied with their products that are getting better from one day to another.

Kamurj UCO is one of the large credit organizations in Armenia. The company was established in February 2012. –0--


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