Credit organizations” investments and leasing transactions in six months 2016 grew by 7.2% to 239.7 billion drams

19.08.2016 17:20
Credit organizations” investments and leasing transactions in six months 2016 grew by 7.2% to 239.7 billion drams

YEREVAN, August 19. /ARKA/. The total amount of credit investments and leasing transactions made by Armenia-based 32 credit organizations over the first six months of 2016 grew by 7.2% from the beginning of the year to about 239.7 billion drams, according to an ARKA news agency’s study.

The top five credit organizations by size of credit investments and leasing transactions were the National Mortgage Company, Bnakaran Yeritasardnerin, Finca, Fast Credit and Export Finance, which accounted for about 52.4% or 125.6 billion drams of the total volume of credit investments and leasing operations made by all 32 credit organizations of Armenia.

The National Mortgage Company’s indicator was 37.3 billion drams, approximately 9.6% more from the beginning of the year. Bnakaran Yeritasardnerin’s credit investments and leasing transactions amounted to 29.5 billion drams, up from 15.2 billion drams at the beginning of the year (an increase of 1.9 times).

It was followed by Finca with 26 billion drams (a decline of about 5.6%). Fast Credit’s credit investments and leasing operations surged by 16.1% to 17.5 billion drams.

The figure for Export Finance was about 15.3 billion drams, a decrease of 15.3% when compared with the beginning of the year. ($ 1 - 475.30 drams).  -0-


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