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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

YEREVAN, February 23. /ARKA/. 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.

According to their quarterly reports, the five leading credit organizations in the fourth quarter were Export Finance, Bnakaran Yeritasardnerin, the National Mortgage Company, Finka and Fast Credit.

The lending by Export Finance amounted to 69.6 billion drams having grown by 56.2% from the previous year. Bnakaran Yeritasardnerin increased its lending by 48.6% to 52.3 billion drams, and National Mortgage Company’s lending grew by 6.1% to 42.3 billion drams.

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Rating of top ten most profitable credit organizations in Armenia in 2017

21.02.2018 19:00

Rating of top ten most profitable credit organizations in Armenia in 2017

According to a ranking of Armenia’s most profitable credit organizations in 2017 compiled by ARKA news agency, out of 35 credit organizations operating in the country 30 were profitable with a total profit amounting to 51.9 billion drams

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Armenian credit organizations increase lending by 12.42% to AMD 321.8 billion in Jan-Sept 2017

17.11.2017 17:26

Armenian credit organizations increase lending by 12.42% to AMD 321.8 billion in Jan-Sept 2017

Armenian credit organizations’ credit exposure and leasing transactions has grown 15.42% since the beginning of this year and totaled AMD 321 billion in Jan-Sept 2017

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Ranking of Armenian credit organizations by size of net profit for 9 months of 2017

16.11.2017 18:32

Ranking of Armenian credit organizations by size of net profit for 9 months of 2017

The net profit of all Armenian credit organizations in the first three quarters of 2017 tripled from the same time span of 2016 to 35.4 billion drams, according to Arka news agency

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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

The amount of lending provided by thirty-four credit organizations, operating in Armenia, in the first six months of 2017

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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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