YEREVAN, November 22. /ARKA/. The total capital of Armenia’s credit organizations rose by 8.6 billion drams or 15.4% to nearly 64.5 billion drams as of 30 September 2012.

According to the analyses conducted by ARKA agency, Bnakaran Yeritasardnerin (Apartment for the Youth) credit organization tops the list of credit institutions with the highest capital. Its total capital accounted nearly 10 billion drams at end-September. Its share in the total capital of all credit organizations in Armenia is 15.57%.

Some other leaders in this indicator are the National Mortgage Company- about 9.9 billion drams (15.47% share), Aregak- over 9.3 billion drams (14.52%), Norvik- around 7.2 billion drams (11.13%), and FINCA-over 5.2 billion drams (8.04%).

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Tags: CAPITAL, CREDIT ORGANIZATIONS, growth

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The total capital of Armenian crediting organizations in the third quarter of 2012 surged by 15.2 percent to 59.2 billion drams

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Combined capital of Armenian credit organizations in the fourth quarter of 2011 increased by 10.3% to 46.8 billion drams

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Total capital of Armenian banks in Q3 increases by 1% to 343.1 billion drams.

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The equity capital of Armenia-based banks in the third quarter of 2011 grew by 9.65% from the beginning of the year to about 361.2 billion drams.

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In the first half of 2011 the total capital of credit organizations in Armenia increased by 18.7% or 7.211 billion drams to about 45.7 billion drams.

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Total capital of Armenian insurance companies in 2011-2013 may increase by 81.6% to 22.7 billion drams.

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Armenian commercial banks expect their capital to grow by 50% or 160 billion drams in 2011-2013 to 480 billion drams, at a 14% annual growth rate.

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The combined capital of Armenian crediting organizations increased by 14.12% in the first quarter of 2011 or by 5.4 billion drams to 44 billion drams as of March 31.

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Total capital of Armenian banks increased by 5.1% to 335.1 billion drams in the first quarter of 2011.

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