Updated 26.10.2017

"AREGAK" was founded in 1997 as a microfinance program by the United Methodist Committee on Relief (UMCOR).

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, as well as in all the regions of Armenia and in Nagorno-Karabakh.

As of September 30, 2017 "AREGAK" was serving more than 29.000 active borrowers in more than 800 communities.

As of September 30, 2017 "AREGAK" had 258 employees.

"AREGAK" is the only credit organization to have a country-wide branch network throughout the Republic of Armenia and Nagorno-Karabakh.

As of September 30, 2017 the total capital of the organization comprised 17,497,076,000 AMD, assets - 20,398,314,000 AMD, liabilities - 2,901,238,000 AMD.