All news related to CREDIT ORGANIZATIONS

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

YEREVAN, May 27. /ARKA/. Out of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019. Their total profit amounted to 20.4 billion drams, according to ARKA news agency’s ranking of the 10 most profitable credit organizations. The other 7 companies reported losses to the tune of 330.7 million drams.

The net profit of all Armenian credit organizations in the first quarter of 2019 stood at 20.1 billion drams against 13.4 billion drams in the first quarter of 2018 (an increase of 49%).

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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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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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Armenian credit organizations increase lending by 51.2 billion drams

16.11.2018 18:47

Armenian credit organizations increase lending by 51.2 billion drams

Loans issued by credit organizations in Armenia amounted to 406.4 billion drams at the end of September, having increased by 51.2 billion drams or 14.4% from the beginning of the year

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Armenia’s top ten most profitable credit organizations in first 9 months of 2018

15.11.2018 16:45

Armenia’s top ten most profitable credit organizations in first 9 months of 2018

Out of 35 credit organizations operating in Armenia, 33 were profitable in the third quarter of 2018 earning a total of 38.58 billion drams, according to ARKA news agency’s ranking. The other 2 companies reported losses to the tune of 35.2 million drams

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Armenia’s top 10 most profitable credit organizations in first half of 2018

17.08.2018 15:43

Armenia’s top 10 most profitable credit organizations in first half of 2018

Out of 35 credit organizations operating in Armenia, 32 were profitable in the first half of 2018 with total profit amounting to 24.6 billion drams

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Armenian credit organizations’ lending is up 11% to 394.3 billion drams

21.05.2018 15:47

Armenian credit organizations’ lending is up 11% to 394.3 billion drams

The overall amount of lending and leasing operations of Armenia-based 35 credit organizations in the first quarter of 2018 amounted to 394.3 billion drams

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Armenia’s top 10 most profitable credit organizations

18.05.2018 18:28

Armenia’s top 10 most profitable credit organizations

Out of 35 credit organizations operating in Armenia, 27 were profitable in the first quarter of 2018 with total profit amounting to 13.5 billion drams, according to ARKA news agency’s ranking of the 10 most profitable credit organizations

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Credit organizations of Armenia increased lending to 353.5 billion drams in 2017

23.02.2018 18:12

Credit organizations of Armenia increased lending to 353.5 billion drams in 2017

Lending and leasing operations of Armenia-based credit organizations totaled 353.5 billion drams by the end of 2017, an increase of 27% or 74.5 billion drams from the previous years, according to ARKA news agency’s bulletin “Credit Organizations of Armenia” for the 4th quarter of 2017

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