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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 33 credit organizations, 23 ended the year with profits (total amount of their profits was AMD 20 649 million) in 2016 while the remaining ten sustained losses totaling AMD 973.2 million against AMD 720.8 million lost by six credit organizations a year earlier.

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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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Armenian credit organizations increase their equity capital by 16.2 percent

18.08.2016 18:59

Armenian credit organizations increase their equity capital by 16.2 percent

At the end of quarter two, 2016 the equity capital of 32 credit organizations operating in Armenia amounted to 156.9 billion drams, having increased by 16.2% from the beginning of the year

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Ten universal credit organizations in Armenia preparing to issue $20-$40 million worth securitized bonds

10.06.2016 12:01

Ten universal credit organizations in Armenia preparing to issue $20-$40 million worth securitized bonds

Some 10 universal credit organizations in Armenia are gearing up for the issuance of $20-$40 million worth securitized bonds in autumn, according to Tigran Karapetyan

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Armenian credit organizations provided 55.4 billion drams worth agricultural loans in February

14.04.2016 17:39

Armenian credit organizations provided 55.4 billion drams worth agricultural loans in February

Armenian credit organizations provided 55.4 billion drams worth agricultural loans in February, an increase of 2.9% from January, according to the Central Bank’s monthly bulletin

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