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Armenian credit organizations’ total capital grows 4.2% to AMD 77.7 billion in 2nd Q

27.08.2013 19:22

Armenian credit organizations’ total capital grows 4.2% to AMD 77.7 billion in 2nd Q

YEREVAN, August 27. /ARKA/. Armenian credit organizations’ total capital amounted to AMD 77.7 billion by late June after growing 4.2% or by 3.1 billion over the second quarter.

ARKA News Agency’s analysis shows that Bnakaran Yeritasardnerin Universal Credit Organization’s total capital was largest in late June. It amounted to about AMD 16.8 billion and made up 21.60% of the aggregate total capital of all the credit organizations of the country.

Aregak UCO was singled out for the second biggest total capital – more than AMD 10.5 billion (13.59% of all credit organizations’ total capital).

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Combined obligations of 33 credit organizations in Armenia increase by 5.88 percent in second quarter

23.08.2013 16:15

Combined obligations of 33 credit organizations in Armenia increase by 5.88 percent in second quarter

Combined liabilities of 33 credit organizations in Armenia increased by 5.88 percent (6.5 billion drams) in the second quarter of 2013 to about 117.3 billion drams, according to an ARKA study

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Loan investments and leasing transactions of Armenian credit organizations rose to 155.4bln drams by end of June

21.08.2013 14:42

Loan investments and leasing transactions of Armenian credit organizations rose to 155.4bln drams by end of June

Loan investments and leasing operations of Armenia’s credit organizations climbed by 11.1% to 155.4 billion drams as of the end of June 2013, from December 31 the year before

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Armenian credit organizations’ lending to agriculture grows 2.6% to md 30.9 billion in January 2013

14.03.2013 18:16

Armenian credit organizations’ lending to agriculture grows 2.6% to md 30.9 billion in January 2013

Armenian credit organizations’ lending to agriculture has grown 2.6% since late December 2012 to about AMD 30.9 billion by late January 2013, the Central Bank of Armenia reports in its monthly review

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Total liabilities of armenian credit organizations to banks rose by 1.9% to 34.6 bln drams in Q4

26.02.2013 17:45

Total liabilities of armenian credit organizations to banks rose by 1.9% to 34.6 bln drams in Q4

. Total liabilities of credit organizations of Armenia to banks, were over 34.6 billion drams as of December 31, 2012, an increase of 676.2 million drams or 1.9% as compared to the third quarter

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Retained earnings of Armenian credit organizations up 1.7 times to AMD 4,8 bln in 2012

13.02.2013 13:58

Retained earnings of Armenian credit organizations up 1.7 times to AMD 4,8 bln in 2012

Retained earnings of Armenian credit organizations climbed 1.7 times in 2012 from a year earlier to over 4.8 billion drams versus 2.8 billion drams, says the review of the Central Bank of Armenia (CBA) on credit organizations for Q4 2012

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Areximbank-Gazprombank Group to increase its loan portfolio to 105.2bln drams in 2013

13.02.2013 11:57

Areximbank-Gazprombank Group to increase its loan portfolio to 105.2bln drams in 2013

Areximbank-Gazprombank Group closed joint stock company is planning to increase its loan portfolio up to 105.2bln drams in 2013, the bank’s press service told ARKA Agency

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Armenia’s Finance Ministry and WB sign $45-mln credit agreement for rural roads restoration

11.02.2013 17:42

Armenia’s Finance Ministry and WB sign $45-mln credit agreement for rural roads restoration

Armenia’s Finance Minister Vache Gabrielyan and Head of World Bank Yerevan Office Jean-Michel Happi signed Monday a $45-million credit agreement

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VTB Bank (Armenia) to increase lending to smes to 5 million drams

11.02.2013 15:48

VTB Bank (Armenia) to increase lending to smes to 5 million drams

VTB Bank (Armenia) and the National Center for Small and Medium Enterprises have revised their agreement to help SME, signed in 2012 June, VTB Bank (Armenia) said today in a press release

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Credit card fraudsters stole more than US $200 million

06.02.2013 14:52

Credit card fraudsters stole more than US $200 million

Eighteen people have been charged in what may be one of the largest US credit card fraud rings, a sprawling international scam that duped credit rating agencies and used thousands of fake identities to steal at least $200 million, US federal authorities said

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