Monday, August 2 2010 11:21

In Q2 2010 total assets of Armenia's credit organizations grew by 1.8% to $237.1mln


ArmInfo. In Q2 2010 the total assets of Armenia's credit organizations grew by 1.8% to 86.3bln AMD or $237.1mln.

The press service of the Central Bank of Armenia reports that the amount of nostro bank accounts totalled 4.4bln AMD or $12.1mln (38.7% drop). The amount of leasing and factoring transactions dropped by 0.1% to 4.879bln AMD or $13.4mln. The amount of loans given to legal entities grew by 5.7% to 13.5bln AMD or $37.2mln, to individuals - by 3.4% to 35bln AMD or $96mln. The cash tripled to 185.3mln AMD or $508,700.

As of July 1 2010 there were 29 credit organizations with 60 branches in Armenia.