YEREVAN, March 21. /ARKA/. The Central Bank of Armenia has invalidated today the license awarded to F.I.K.O. credit organization. The credit organization was awarded license No. 232-by the Central Bank in September 2010. The sole shareholder of the organization is Garik Mushegyan.

As of the end of 2016, the organization’s assets declined by 51% to 459.1 million drams, liabilities slashed by 91% to 38.4 million drams and the capital fell by 21.6% to 420.7 million drams. ($ 1 - 4863.47 drams). -0-

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The universal credit organization Kamurj (Bridge) said today that in 2016 it provided more than 344 million drams in preferential loans to 405 borrowers in border communities

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The credit portfolio of Kamurj (Bridge) Armenian universal credit organization has amounted to 12 billion drams. In 2016 the organization released 9.7 billion drams worth loans

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A new universal credit organization called VARKS AM has opened in Armenia, the organization said on its page on Facebook. According to the Central Bank, it is the 34th registered credit organization in Armenia

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The Central Bank of Armenia has registered a new universal credit organization – The First Factoring Company, the press office of the regulator reported on Thursday

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Armenian credit organization “ACBA Leasing” will receive a $2 million loan from the European Bank for Reconstruction and Development (EBRD). The loan agreement was signed on March 12

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‘Kamurj’ universal credit organization said today it had closed 2015 with a profit of 370 million drams. It said also its assets stood at 15.6 billion drams at the end of last year and its loan portfolio was worth about 12 billion drams

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The board of the Central Bank of Armenia registered today a new credit organization – EXPORT FINANCE Universal Credit Organization CJSC and gave a license to it

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Armenian Kamurj credit organization said today in a press release that its director Gagik Vardanyan has been elected as a board member of MicroFinance Network (MFN) to represent the Eastern European countries

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Kamurj universal credit organization said today it has signed a loan agreement with the Asian Development Bank worth about one billion drams, repayable in 5 years

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