News

On February 27, there has taken place an extraordinary session of the General Meeting of Shareholders of “KAMURJ” UCO CJSC, during which, it was decided to dismiss the director of “KAMURJ” UCO CJSC Gagik Vardanyan since 01.03.2017 and appoint Alexander H. Teryan as a new director.
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“KAMURJ” UCO, in cooperation with “National Mortgage Company” Refinancing Credit Organization CJSC, has invested 2 new mortgage loans, one of which is focused on lending energy efficient housing loan, the other on obtaining, reconstructing, and renovating of the residential real estate in the regions.
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“KAMURJ” UCO has concluded 2016 with a profit. The number of the borrowers, compared to the previous year, increased by about 8% reaching nearly to 20,000, credit portfolio reached almost 12 milliard AMD. Approximately, 9.7 milliard AMD loan has been provided in 2016, which has increased with more than 12% as compared to the previous year.
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During the contest “Calendar of Financial Organizations 2017”, organized by the Central Bank of the Republic of Armenia, the calendar of “KAMURJ” UCO of 2017 year has taken the 2nd place among the banks and other credit organizations of Armenia.
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