Thursday, February 3 2011 16:38

In 2010 profit of Armenia's credit organizations totalled $11.8mln


ArmInfo. In 2010 the revenues of Armenia's credit organizations totalled 20.7bln AMD ($56.8mln), expenses - 15.3bln AMD ($42.1mln), profit - 5.3bln AMD ($14.7mln), net profit - 4.3bln AMD ($11.8mln).

The press service of the Central Bank of Armenia reports thatinterest yields totalled 12bln AMD ($32.8mln) or 58% of total revenues, non-interest incomes - 4.1bln AMD ($11.4mln) or 20%. Interest expenses totalled 3.9bln AMD ($10.7mln) or 25.4% of total expenses, non-interest expenses - 5.8bln AMD ($16mln) or 37.8%.

As of Jan 1 2011 there were 32 credit organizations with 60 branches in Armenia.
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Exchange rates
30.10.2025
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CAD274.21-0.33
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UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
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