23.11.2016 18:35
YEREVAN, November 23. /ARKA/. Armenian universal credit organizations’ (UCO) combined own capital in the third quarter of 2016 grew by 22.1% from the beginning of the year to 164.9 billion drams, according to ARKA news agency’s analysis.
The leading UCO by size of own capital in the reporting period was UCO Bnakaran Yeritasardnerin, whose own capital increased by 33.1% in 9 months to 84.4 billion drams. It was followed by UCO National Mortgage Company, whose own capital surged by 18.6% to 19.1 billion drams.
UCO Aregak was third with 15.2 billion drams (6.3% growth), UCO Finca was fourth with about 6 billion drams of own capital (9% growth), and UCO Kamurj was fifth with 5.8 billion drams (1% decline).
In Armenia there are 32 universal credit organizations. ($1 - 479.32 drams). -0-
Read the news first and discuss them in our Telegram
Tags:
2017-02-20 18:22:02 Aggregate share capital of 34 credit organizations in Armenia grew by 34.7% to 184.9 billion drams
2015-11-18 17:11:18 Armenia’s credit organizations’ equity capital grew by 21% in 9 months to 136.8 billion drams
2012-02-09 15:11:21 Combined capital of Armenian credit organizations in the fourth quarter of 2011 increased by 10.3% to 46.8 billion drams
2021-11-05 18:48:01 Union of Banks of Armenia: capital of 17 Armenia-based banks in third quarter of 2021 grew to 927 billion drams
2021-05-26 23:08:21 Armenian credit organizations write off 500 million drams worth loans of those killed in Karabakh war
2021-05-19 21:40:08 Total capital of 17 Armenia-based commercial banks in the first quarter of 2021 stood at 913 billion drams
