Loan organizations

Fraudsters stole 20 million drams from credit organization in Yerevan

11.09.2019 19:37

Fraudsters stole  20 million drams from credit organization in Yerevan

YEREVAN, September 11. /ARKA/. Fraudsters stole 20 million drams from a credit organization in Yerevan. the Armenian police said. According to the police, a group of people received from the organization about 20 million drams placing as collateral vehicles registered in the names of other persons (not owners). The police said that the cars were […]

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National Mortgage Company refinances some 11,000 loans over one decade

16.07.2019 19:16

National Mortgage Company refinances some 11,000 loans over one decade

Armenia’s National Mortgage Company Universal Credit Organization has refinanced some 11,000 loans over one decade of its presence at Armenia’s market, of which 7,400 have been provided for acquisition of housing, and the remaining loans for repair and construction of detached houses, National Mortgage Company UCO Executive Director Edmond Vardumyan said in an exclusive interview with ARKA News Agency.

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Man who has taken loan by submitting forged papers to face trial

24.06.2019 23:13

Man who has taken loan by submitting forged papers to face trial

Armenia’s Investigative Committee reported Monday about completion of the criminal case over a 52-year-old man, who had taken a loan by submitting false papers of a contract serviceman

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Armenian credit organizations earn 20.4 billion drams in net profit

27.05.2019 19:47

Armenian credit organizations earn 20.4 billion drams in net profit

Out of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019

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Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

24.05.2019 15:54

Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

ARKA news agency has released its economic and financial bulletin “Credit Organizations of Armenia” for the first quarter of 2019. The bulletin is compiled based on officially published financial reports of credit organizations (CO)

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SRC: All organizations providing financial services should be under Central Bank of Armenia control

05.04.2019 09:48

SRC: All organizations providing financial services should be under Central Bank of Armenia control

YEREVAN, April 4. /ARKA/. All organizations providing financial services should be under the control of the Central Bank of Armenia, David Ananyan, the head of the State Revenue Committee (SRC), told journalists on Wednesday. According to the government-proposed changes, the annual duty on running a pawnshop is to increase from the current 100 thousand drams […]

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Lending by Armenia-based credit organizations in 2018 grew by 9.2% to 387.7 billion drams

21.02.2019 18:51

Lending by Armenia-based credit organizations in 2018 grew by 9.2% to 387.7 billion drams

Lending by Armenia-based credit organizations in 2018 grew by 9.2% or 32.6 billion drams from the previous year to 387.7 billion drams

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Arka news agency releases ranking of top ten most profitable credit organizations in 2018

20.02.2019 18:12

Arka news agency releases ranking of top ten most profitable credit organizations in 2018

According to a ranking of Armenia’s most profitable credit organizations in 2018

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Arka news agency releases bulletin “Credit Organizations of Armenia” for Q4, 2018

20.02.2019 18:11

Arka news agency releases bulletin “Credit Organizations of Armenia” for Q4, 2018

ARKA news agency has released its quarterly economic and financial bulletin – “Credit Organizations of Armenia” for the fourth quarter of 2018

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Armenian central bank urges citizens to be beware of unlicensed credit companies

31.01.2019 17:48

Armenian central bank urges citizens to be beware of unlicensed credit companies

Armenia’s Central Bank has urged citizens today to beware of unlicensed companies offering loans

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