Updated 07.06.2019

In 1997, the United Methodist Committee on Relief (UMCOR) established the AREGAK microfinance program.

In 2006, AREGAK was registered as a Universal Credit Organization CJSC.

License # 11, issued by the Central bank of Armenia on 28.06.2006.

"UMCOR Armenia" Charity Foundation is the Sole Shareholder of “AREGAK” UCO CJSC.

“AREGAK” UCO CJSC operates in Yerevan, all the regions of Armenia and in Nagorno-Karabakh.

As of March 31, 2019 AREGAK was serving more than 25 000 active borrowers in more than 900 communities.

As of March 31, 2019 AREGAK had 262 employees.

As of March 31, 2019 the total capital of the Organization comprised 20,859,907,535 AMD, assets - 23,958,087,705  AMD, liabilities - 3,098,180,170 AMD.

AREGAK is the only Credit Organization which has a country-wide branch network throughout the Republic of Armenia and Nagorno-Karabakh.