Volume of credit investments of Armenian commercial banks increased by 2.8%
08.12.2011
YEREVAN, December 8. /ARKA/. Volume of credit investments of Armenian commercial banks in October 2011 compared to September 2011 increased by 2.8% making at the end of October 1 212.3 billion drams, states the bulletin of Central Bank of Armenia for October 2011.
The largest share of credit investments make foreign currency credits provided to the residents (57.2%) which is 693.9 billion drams. This indicator registered growth by 2.9% compared to September. Then come credits provided to the residents in drams, the share of which is 38.4% with the indicator of 465.4 billion drams (growth of 1.6%).
According to the data, the volume of the credits provided to non-residents in drams was 11.4 billion drams at the end of October increased by 0.5% compared to September, and in foreign currency – about 42.5 billion drams increased by 6.2%. –0–
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Tags: Armenai, Banks, Credit
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UCO “Farm Credit Armenia” Plans In 2012 To Increase Its Credit Portfolio And Leasing Operations To 70%
30.11.2011
UCO “Farm Credit Armenia” plans in 2012 to increase its credit portfolio and leasing operations to 70%, said General Director of UCO Armenia Gabrielyan.
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Tags: Armenia, Credit, Farm Credit Armenia, Portfolio, UCO
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Credit organizations’ Aggregate net profit grows 64% to amd 5.5 billion in jan-sept 2011
17.11.2011
Credit organizations’ aggregate net profit grew 64% or by AMD 2.2 billion in Jan-Sept 2011, compared with the same period a year earlier, to AMD 5.5 billion.
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Tags: Armenia, Credit
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Areximbank-Gazprombank Group opens credit lines for payment of gas bills
14.11.2011
Areximbank-Gazprombank Group said it has launched a new service for its customers offering credit lines for payment of natural gas bills.
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Armenian Banks’ Aggregate Credit Investments In Resident Economy Grow 2.6% To AMD 1104.7 Billion
10.11.2011
Armenian banks’ aggregate credit investments in the country’s resident economy reached AMD 1104.7 billion by late September 2011 after growing 2.6% or by AMD 29.6 billion, compared with August.
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Credit portfolio of the branches of the banks in Karabakh as of November is 53.6 billion drams
09.11.2011
Credit portfolio of the branches of the banks in Karabakh as of November is 53.6 billion drams.
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“Areximbank-Group of Gazprombank” to credit SCR clients
02.11.2011
“Areximbank-Group of Gazprombank” cjsc to credit SCR clients.
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Credit Investments Of Banks Of Armenia In Resident Economy In August Increased By 2.7% To 1 075.1 Billion Drams
26.09.2011
Total credit investments of banking system of Armenia in resident economy at the end of August 2011 were over 1 075.1 billion drams
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