All news related to CREDITORGANIZATIONS

Armenian credit organizations’ assets built up 24.5% to AMD 209.8 billion in 2013

13.02.2014 18:10

Armenian credit organizations’ assets built up 24.5% to AMD 209.8 billion in 2013

YEREVAN, February 13. /ARKA/. Armenian credit organizations’ assets totaled AMD 209.8 billion in late 2013 after growing 24.5% over the year, according to the central bank’s review of credit organizations’ activities in the fourth quarter of 2013.

Cash at the credit organizations grew 2.7 times in 2013, compared with 2012, to about AMD 830.4 million, and current accounts’ amount grew 87.2% to AMD 7.06 billion.

Credit organizations’ lending to legal entities grew 1.3% over the fourth quarter to AMD 23.9 billion and lending to individuals grew 27.1% to AMD 99 billion. Leasing and factoring transactions totaled AMD 8.7 billion (4.15% growth). Loans to the personnel and affiliated entities grew 18.9% to AMD 4.2 billion.

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Armenia’s credit organizations post 3.5 billion drams in net profits for the second quarter

16.08.2013 16:50

Armenia’s credit organizations post 3.5 billion drams in net profits for the second quarter

Armenia’s thirty-three credit organizations posted 3.5 billion drams in net profits for the second quarter of the year, a 3.5% growth compared to the same period in 2012

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Armenian Credit Organizations’ liabilities exceed AMD110.8bln late March

24.05.2013 15:30

Armenian Credit Organizations’ liabilities exceed AMD110.8bln late March

Aggregate liabilities of Armenia’s credit organizations rose by 5.5% or 5.8 billion drams in the first quarter to 110.8 billion drams by the end of March this year

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Armenia’s credit organizations invested AMD 113.9 bln in loans late January

14.03.2013 14:50

Armenia’s credit organizations invested AMD 113.9 bln in loans late January

Credit organizations in Armenia invested 113.9 billion drams in loans late January 2013 (not counting the accrued interests), which was 0.4% higher from December, according to the monthly news report of the Central Bank

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“SME investments” credit organizations to extend loans worth total of 3bln drams in 2013

05.02.2013 16:34

“SME investments” credit organizations to extend loans worth total of 3bln drams in 2013

SME Investments universal credit organization will extend loans to small and medium business worth a total of 3 billion drams in 2013, executive director of the organization Artur Badalyan told journalists Tuesday

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Armenian credit organizations’ aggregate profit AMD 1530.8 million

05.11.2009 09:48

Armenian credit organizations’ aggregate profit AMD 1530.8 million

Armenian credit organizations’ aggregate profit AMD 1530.8 million

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Armenian credit organizations’ assets reach amd 78.3 billion

03.11.2009 21:12

Armenian credit organizations’ assets reach amd 78.3 billion

Armenian credit organizations’ assets reach amd 78.3 billion by late September

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