Monday, August 2 2010 18:43

In Q2 2010 net profit of Armenia's credit organizations totalled $3.8mln


ArmInfo. In Q2 2010 the revenues of Armenia's credit orgaizations totalled 9.5bln AMD or $26mln, expenses - the 7.6bln AMD or $21.5mln, the balance-sheet profit - 1.7bln AMD or $4.5mln and the net profit - 1.4bln AMD or $3.8mln.

The press service of the Central Bank of Armenia reports that the interest incomes totalled 5.7bln AMD ($15.8mln) or 60% of the total, non-interest incomes - 1.6bln AMD ($4.5mln) or 16.8%, interest expenses - 1.9bln AMD ($5.2mln) or 24.4%, non-interest expenses - 2.6bln AMD ($7.3mln) or 33.3%.

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