All news related to CREDIT ORGANIZATIONS

Armenian credit organizations’ lending ups 15% in first half to 321.6 billion drams

17.08.2017 18:03

Armenian credit organizations’ lending ups 15% in first half to 321.6 billion drams

YEREVAN, August 17. /ARKA/. The amount of lending provided by thirty-four credit organizations, operating in Armenia, in the first six months of 2017, surged by 15.3% from the beginning of the year to 321.6 billion drams, according to the latest edition of ARKA news agency’s financial and economic bulletin "Credit Organizations of Armenia."

According to quarterly reports of credit organizations, the top five organizations by size of lending were Export Finance, Bnakaran Yeritasardnerin, the National Mortgage Company, Finca and Fast Credit.
Export Finance’s lending increased by 59% to 70.9 billion drams as of late June. Bnakaran Yeritasardnerin increased lending by 24% to 43.6 billion drams.

The amount of loans provided by the National Mortgage Company grew by 1.79% to 40.6 billion drams. Lending by Finca in the first half of the year amounted to 24.1 billion drams, 4.3% less from the beginning of the year and Fast Credit’s lending increased by 10.4% to 19.9 billion drams.

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Aggregate share capital of 34 credit organizations in Armenia grew by 34.7% to 184.9 billion drams

20.02.2017 18:22

Aggregate share capital of 34 credit organizations in Armenia grew by 34.7% to 184.9 billion drams

The aggregate share capital of 34 universal credit organizations operating in Armenia amounted to 184.9 billion drams in late 2016, having grown by 34.7% from the previous year, according to an ARKA news agency’s analysis

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Armenian credit organizations’ investments grew by 21 percent in 2016

17.02.2017 18:34

Armenian credit organizations’ investments grew by 21 percent in 2016

The total volume of credit investments and leasing operations of Armenian credit organizations amounted to about 278.9 billion drams at the end of 2016, an increase of 21.1% if compared to 2015

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Ranking of most profitable credit organizations of Armenia for 2016

17.02.2017 16:29

Ranking of most profitable credit organizations of Armenia for 2016

YEREVAN, February 17. /ARKA/. ARKA News Agency’s ranking of the most profitable credit organizations of Armenia for 2016 is already available. The news agency’s analysis shows that the credit organizations of the country have doubled their aggregate net profits from AMD 9 953 million in 2015 to AMD 19 675 million in 2016. Of Armenia’s […]

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Armenian credit organizations’ lending to agriculture shrinks 1.3% to AMD 49.4 billion in October

14.12.2016 15:37

Armenian credit organizations’ lending to agriculture shrinks 1.3% to AMD 49.4 billion in October

Armenia’s credit organizations lent about AMD 49.4 billion to agriculture sector in October 2016, compared with the previous month, the Central Bank of Armenia says in its monthly bulletin

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Universal credit organizations’ own capital grow by 22 percent

23.11.2016 18:35

Universal credit organizations’ own capital grow by 22 percent

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

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ARKA News Agency presenting Jan-Sept 2016 profit ranking of Armenia’s credit organizations

23.11.2016 15:12

ARKA News Agency presenting Jan-Sept 2016 profit ranking of Armenia’s credit organizations

YEREVAN, November 23. /ARKA/. ARKA News Agency is presenting the Jan-Sept 2016 profit ranking of Armenia’s credit organizations. According to the ARKA analysis, the aggregate profits earned by all the credit organizations of Armenia in Jan-Sept 2016 amount to AMD 11 723 million showing a 60.3 percent year-on-year growth. The news agency says 22 of […]

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ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

16.11.2016 16:12

ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

ARKA news agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the third quarter of 2016

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Assets of Armenia’s credit organizations increased by 6.8% in Jan-June 2016 to AMD 332.5 billion

22.08.2016 12:55

Assets of Armenia’s credit organizations increased by 6.8% in Jan-June 2016 to AMD 332.5 billion

Aggregate assets of Armenia’s credit organizations grew 6.8% in Jan-June 2016, compared with the same period a year earlier, to AMD 332.5 billion

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Credit organizations” investments and leasing transactions in six months 2016 grew by 7.2% to 239.7 billion drams

19.08.2016 17:20

Credit organizations” investments and leasing transactions in six months 2016 grew by 7.2% to 239.7 billion drams

The total amount of credit investments and leasing transactions made by Armenia-based 32 credit organizations over the first six months of 2016 grew by 7.2% from the beginning of the year to about 239.7 billion drams

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