Tuesday, November 9 2010 18:43
Central Bank of Armenia registers the 31st credit organization 
ArmInfo.  The Board of the Central Bank of Armenia (CBA) registered the 31st credit organization – CREDIT CORP UCO, the CBA press service told ArmInfo.  
According to the Ranking of Credit Companies of Armenia prepared by the Agency of Rating Marketing Information (ArmInfo), as of 1 October 2010 the summary total capital of the Armenian credit organizations amounted to 34.8 bln AMD, authorized capital - 23.5 bln AMD, assets - 88.2 bln AMD, provision of crediting - 62.7 bln AMD. The summary net profit of the credit companies amounted to 3.4 bln AMD. As of 1 October 2010, there were 26 universal credit organizations, 3 leasing companies and 1 credit union in Armenia. In late October 2010 Washington Capital UCO and Credit Union UCO were merged into Global Credit UCO.