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Loan investments, leasing by Armenia’s Credit Organizations rise to 159.1bln drams

19.11.2013 14:50

Loan investments, leasing by Armenia’s Credit Organizations rise to 159.1bln drams

YEREVAN, November 19. /ARKA/. Loan investments and leasing transactions by Armenia’s credit organizations rose to 159.1 billion drams as of the end of September, an increase of 19.3 billion drams or 13.8% compared to end of 2012 level.

An analysis by ARKA showed the National Mortgage Company is the leader in the amount of loan investments in the third quarter. Its loan investments, including leasing transactions, exceeded 22.5 billion drams by the end of September, an increase of 17.4% against the beginning of the year. The Company accounted for 14.2% of the overall amount of loan investments by Armenia’s credit organizations.

The other four leaders of the top five list were Finca (19.7bln drams, 13.2% increase compared to the beginning of the year) that accounted for 12.41% in overall volume of loan investments, Norvik (about 18.8bln drams, 7.3% increase, share at 11.87%), Aregak (13.4bln drams, 18.8% increase, share at 8.42%) and Bnakaran Yeritasardnerin (over 8.2bln drams, 20.1% increase, share at 5.16%).
There were 33 credit organizations operating in Armenia as of the end of September 2013. ($1=404.80drams).–0—

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Total liabilities of Armenian credit institutions in quarter 3 increase by 4.7 % year-on-year to 122.5 billion drams

11.11.2013 16:43

Total liabilities of Armenian credit institutions in quarter 3 increase by 4.7 % year-on-year to 122.5 billion drams

The total amount of liabilities of Armenian credit institutions in the third quarter of 2013 increased by 4.7 % year-on-year to 122.5 billion drams, the Central Bank said in a survey of their performance in the third quarter

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Retained profit of Armenian credit organizations surge by almost 14 percent in e third quarter to 4.3 billion drams

11.11.2013 16:33

Retained profit of Armenian credit organizations surge by almost 14 percent in e third quarter to 4.3 billion drams

The retained profit of 33 Armenia-based credit organizations surged by almost 14 percent in the third quarter from the year before to about 4.3 billion drams, the Central Bank said in the survey of their performance in the third quarter

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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

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

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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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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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Union of Armenian banks chairman disagrees with international lending organizations’ opinion

21.02.2011 15:34

Union of Armenian banks chairman disagrees with international lending organizations’ opinion

In an interview with Kapital daily, Ararat Ghukasian, the chairman of the Union of Armenian Banks, disagreed with international lending organizations’ opinion that toughening risk management is a major problem of the country’s banking sector.

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Armenian credit organizations’ liabilities shrink 3.9% to AMD 53.8 billion

09.11.2010 21:12

Armenian credit organizations’ liabilities shrink 3.9% to AMD 53.8 billion

Armenian credit organizations’ liabilities totaled AMD 53.8 billion by late September after reducing 3.9% over the third quarter, the Central Bank of Armenia said in its quarterly review.

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Central Bank: Armenian credit organizations managed properly

11.03.2010 17:22

Central Bank: Armenian credit organizations managed properly

Vahe Vardanyan, chief of Armenian Central Bank’s division for regulating financial system policy, speaking Wednesday at an annual assembly of Association of Credit Organizations of Armenia, expressed satisfaction at management at Armenian credit organizations.

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