YEREVAN, February 15, /ARKA/. The aggregate capital of 32 crediting organizations operating in Armenia grew 9.2% last year (by 3.242 billion Drams) to 38.4 billion Drams, according to an analysis made by ARKA news agency. The leading organization by size of capital was Aregak, whose capital stood at 6.6 billion Drams as of December 31, 2010. It constituted 17.28% of the aggregate capital of all crediting organizations.

The list of top five organizations included also Norvik with a 6 billion Drams capital that made 15.67% of crediting organizations’ aggregate capital, the National Mortgage Company - 5.8 billion Drams and 15.01% respectively, Bnakaran Yeritasardneri -3.6 billion Drams and 9.26% and ACBA Leasing – 2.4 billion Drams and 6.24%. Bnakaran Yeritasardneri crediting organization was launched a year ago.

The largest capital growth rate was reported by Kamurdj organization whose capital rose by a factor of four, Gladzor reported a 93% growth and GFC a 50% rise. By size of authorized capital the leading organizations were the National Mortgage Company -5.5 billion Drams, Bnakaran Yeritasardneri- 3.5 billion Drams and Aregak -3.4 billion Drams. Armenian crediting organizations operate 62 branches. ($1 – 364.53 Drams). -0-