“KAMURJ” credit organization summed up the financial indicators of the first quarter of 2018

“KAMURJ” credit organization summed up the results of the 1st quarter of 2018 with positive indicators of about 175 million AMD. Credit portfolio growth is also noticeable - the loan portfolio increased by more than 4% in the first quarter of 2018, and the assets reached 14.6 billion AMD.

Summarizing the results of the first quarter, we can note that thanks to the consistent work of the Company, we have managed to record a steady and substantial increase in indicators and, in particular, one of the most important indicators concerning profit.

In 2018 the Company's policy will be aimed at introducing new loan products and improving existing loan products.

Being an organization lending money for agriculture, it is very important for us to continue contributing to the development of small and medium-sized agricultural businesses.

I am confident that we will summarize the year with satisfying results, as the first quarter showed that our strategy was right- noted Executive Director of “KAMURJ” UCO CJSC, A. Teryan.