Thursday, February 3 2011 10:29

In Q4 2010 total liabilities of Armenia's credit organizations decreased by 4.7% to $140.9mln


ArmInfo. In Q4 2010 total liabilities of Armenia's credit organizations decreased by 4.7% to $140.9mln or 51.2bln AMD.

The press service of the Central Bank of Armenia reports that call liabilities dropped by 1.1% to 211.4mln AMD or $581,800, interests - by 5.6% to 744.5mln AMD or $2.048mln, liabilities to banks and other financial organizations - by 19.6% to 23.5bln AMD or $64.6mln, private time liabilities - by 0.5% to 3.2bln AMD or $8.7mln.

Corporate time liabilities grew by 7% to 20.1bln AMD or $55.4mln.

As of Jan 1 2011 there were 32 credit organizations with 60 branches in Armenia.
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