Friday, November 16 2012 21:23

In Jan-Sept 2012 number of pawnshops in Armenia grew by 11 while that of exchange offices dropped by 10


ArmInfo. In Jan-Sept 2012 the number of pawnshops in Armenia grew by 11 to 145 while that of exchange offices dropped by 10 to 238.

The number of commercial banks has not changed since 2010 and is 22. 75.55% of their aggregate authorized fund is foreign capital. 17 banks are closed JSCs, 4 banks open JSCs, 1 bank LLC.

The number of credit companies grew by 1 to 32. 33.5% of their aggregate authorized fund is foreign capital.

As of Oct 1 2012 there were 7 insurance companies in Armenia. 4 of them had foreign shareholders. As of the same date there were 4 insurance brokers, no foreign exchange dealers and 30 securities brokers (1 more than on Oct 1 2011).

Among the shareholders of Armenian banks are Russian, Ukrainian, Kazakh, US, French, German, British, Austrian, Swiss, Argentinean, Lebanese and Iranian companies as well as EBRD and IFC, among the shareholders of credit companies Latvian, US, British, French and Russian companies.
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