Assets of Armenia’s credit organizations increased by 6.8% in Jan-June 2016 to AMD 332.5 billion

22.08.2016 12:55
Assets of Armenia’s credit organizations increased by 6.8% in Jan-June 2016 to AMD 332.5 billion

YEREVAN, August 22. /ARKA/. Aggregate assets of Armenia’s credit organizations grew 6.8% in Jan-June 2016, compared with the same period a year earlier, to AMD 332.5 billion.

ARKA News Agency’s analysis shows that in Jan-June 2016 the largest asset-owner among credit organizations was Bnakaran Yeritasardnerin Universal Credit Organization, whose assets have grown 24.4% over the first six months of this year to AMD 79.6 billion. Its share in the aggregate assets of Armenia’s credit organizations was 24%.

The National Mortgage Company is singled out in ARKA News Agency’s ranking as second biggest asset-owner – it has built up its assets by 7.9% since the beginning of the year to AMD 41.7 billion and its share in the total assets was 12.6% in late June.

FINCA Universal Credit Organization came third in ARKA News Agency’s ranking – its assets have shrunk 2.3% to AMD 30.3 billion and made up 9.1% of the total assets of Armenia’s credit organizations.

Fast Credit, with its AMD 18.5 billion, 14.2% growth and 5.6% share, was placed fourth in the ranking and Aregak, with AMD 17.4 billion, 0.3% growth and 5.2% share, fifth.

As many as 32 credit organizations operate in Armenia now. ($1 – AMD 475.30). --0----


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