YEREVAN, January 19. /ARKA/. Armenia’s crediting organizations’ assets upped by 3.7% in late November, 2011 as opposed to October, to a total of 113.8 billion drams, the Central Bank of Armenia said in a report on aggregated money and credit indicators for 2011 November.

According to the report, their liabilities grew by 4.9% to 70.5 billion drams. Their balance capital is said to have grown by 2% from October to 43.3 billion drams. Also their surplus earnings in the first 11 months of 2011 amounted to about 2 billion drams, jumping by 64% in November alone. There are 32 crediting organizations in Armenia. ($1 – 388.25 drams). -0-

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Tags: ASSETS, Crediting Organizations

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Armenian crediting organizations assets grow by 1.3% in July to 104.9 billion drams.

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In the first half of 2011 the total capital of credit organizations in Armenia increased by 18.7% or 7.211 billion drams to about 45.7 billion drams.

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Outstanding credit portfolio of Armenian crediting organizations increases in March by 5.2%.

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The combined capital of Armenian crediting organizations increased by 14.12% in the first quarter of 2011 or by 5.4 billion drams to 44 billion drams as of March 31.

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The combined assets of Armenian crediting organizations grew by 14.1% or 12.6 billion drams in the first quarter of 2011 to 102 billion drams.

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Armenia’s crediting organizations’ return on assets (ROA) indicator rose 5.52% in the fourth quarter of 2010 from 5.32% in the previous quarter.

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Combined liabilities of Armenian crediting organizations dropped by 4.6% (2.5 billion Drams) in the fourth quarter of 2010, to 51.6 billion Drams.

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Combined assets of Armenia’s crediting organizations grew by 0.86% in the last quarter of 2010.

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Aggregate capital of Armenian crediting organizations grows 9.2% last year to 38.4 billion drams

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