Tuesday, May 3 2011 14:24

In Q1 2011 total capital of Armenian credit companies up 15.4%


ArmInfo. In Q1 2011 the total capital of Armenian credit companies grew by 15.4% to 41.4 bln AMD ($112 mln). In the structure of the total capital, the authorized fund increased by 9.3% to 28.3 bln AMD ($76.5 mln).

According to the Central Bank of Armenia, the share of foreign capital in the authorized fund declined by 1.02% to 9.1 bln AMD ($24.7 mln). The main reserves grew by 1.7% to 555.3 mln ($1.5 mln). The accumulated profit made up 12.5 bln AMD ($33.8 mln), having increased by 32% in Q1 2011.

According to the CBA, as of 1 April 2011 there were 31 credit companies and 65 branches in Armenia.
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Company bonds
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
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2