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Consumer’s credits of the banks in the Armenian economy increased by 0.7%

YEREVAN, July 9. /ARKA/. Consumer’s credits of commercial banks in resident economy of Armenia was increased by 0.7% at the end of May compared with April making 145.3 billion drams, states monthly manual of Armenian CB as of May 2010 placed in the official website of CB.

The largest share in total credit investments of the banks is in trade sphere – 21.8%. The banks allocated about 161.6 billion drams for this sphere (increase of 1.9% is registered compared with the indicator of the last month).

Consumers’ credits occupy the second place with the share of 19.6%.

Industry is in the third place with the share of 18.8%. Its crediting was increased by 2% compared with the previous month making 139.3 billion drams. Mortgage loans of the banks in resident economy made about 83.5 billion drams reduced by 0.3% compared with April.

In the reporting period the banks allocated 59.4 billion drams in the sphere of construction (decline of 0.3% compared with the previous month). Crediting of agriculture was 47.6 billion drams at the end of May reduced 0.5%, services – about 35.3 billion drams (increase of 1.1%) and transport and communications – 20.7 billion drams (increase by 3.2%).  ($1 – 368.89 drams). —0–

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