The universal credit organization "KAMURCH" summed up the financial results in the first half of the year, providing a profit of 90.5 million drams.

The loan portfolio of the company was 11.3 billion drams, assets 13.1 billion drams, and the number of loans and customers increased by almost 10%.

"Summing up the results of the first half of the year, it can be said that the new strategy, which focuses on consumer loans and diversification of general credit products, has brought such results, as evidenced by a significant increase in the number of customers. The number of borrowers is very inspiring, which will lead to a significant increase in all financial indicators, said the director of the UCO "KAMURCH" Alexander Teryan.

He expressed confidence that the credit organization is developing in the right direction, by increasing the loan portfolio with diversified loans, while maintaining an acceptable level of risk.

"In the future, we plan to continue to introduce new loan products, and we are confident that we will complete the year with indicators aimed at achieving sustainable growth," said Alexander Teryan.

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