Armenian credit organizations increase their equity capital by 16.2 percent
At the end of quarter two, 2016 the equity capital of 32 credit organizations operating in Armenia amounted to 156.9 billion drams, having increased by 16.2% from the beginning of the year.
According to an ARKA news agency’s study, the leading credit organization by size of equity capital was Bnakaran Yeritasardnerin, whose capital increased by 24.8% in 6 months to 79.1 billion drams. It was followed by the National Mortgage Company with 18.8 billion drams equity capital. The figure represented a 16.8% growth from the beginning of the year.
Aregak credit organization was third with 14.6 billion drams of equity capital (a 2.8% growth). It was followed by Finca with about 5.84 billion drams (a 3.6% growth) AND Kamurj with 5.78 billion. drams (a decline of 1.9%). ($ 1 - 475.30 drams). -0-