All news related to CREDIT ORGANIZATIONS

Armenian credit organizations write off 500 million drams worth loans of those killed in Karabakh war

26.05.2021 23:08

Armenian credit organizations write off 500 million drams worth loans of those killed in Karabakh war

YEREVAN, May 26. /ARKA/. Armenian credit organizations have written off 500 million drams worth loans of those who were killed during the last autumn war in the Nagorno-Karabakh conflict zone and their family members, chairman of the Central Bank Martin Galstyan told a parliament session today.

As of March 16, Armenian banks had written off a total of two billion drams worth loans owned by families and relatives of those wounded and killed during the war.

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Armenian credit organizations award credit holidays to borrowers who volunteered to defend Karabakh

02.10.2020 18:51

Armenian credit organizations award credit holidays to borrowers who volunteered to defend Karabakh

Credit organizations in Armenia will award credit holidays to those borrowers who have volunteered or were called up to the armed forces for the entire period of marshal law, declared after the large-scale offensive by Azerbaijan against Nagorno-Karabakh, the Union of Credit Organizations said in a statement today

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Armenia’s banks and credit organizations grant credit vacations to 470,000 individuals and 14,600 legal entities

29.04.2020 14:51

Armenia’s banks and credit organizations grant credit vacations to 470,000 individuals and 14,600 legal entities

As of April 27, banks and credit organizations of Armenia together have granted credit vacations or otherwise revised 758,325 loans of 470,000 individuals worth 26.5 billion drams, as well as 16,356 loans of 14,6 00 legal entities in the amount of 48.3 billion drams, the press service of the Union of Banks of Armenia reports

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Armenian banks and credit organizations provide individuals and legal entities with "loan holidays" worth 61.8 billion drams

23.04.2020 17:56

Armenian banks and credit organizations provide individuals and legal entities with

Armenian banks and credit organizations have provided individuals and legal entities with “loan holidays” worth 61.8 billion drams, Prime Minister Nikol Pashinyan wrote in a Facebook posting on Thursday

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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

Out of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019

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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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