YEREVAN, October 1. /ARKA/. Armenian banks’ aggregate credit portfolio grew 2.3% or by AMD 17.7 billion over August reaching AMD 792 billion by the end of the month, National Statistical Service of Armenia reports.
The loans extended by banks in foreign currencies totaled AMD 440.6 billion in late August after growing 3.3% or by AMD 14.2 billion over this month, and loans extended in the national currency amounted to AMD 351.4 billion after growing 1% or by AMD 3.5 billion.
Prolonged loans shrank by 1.9 billion to AMD 37.1 billion by late August, and overdue loans grew 1% or by AMD 41 million over August and reached AMD 4.2 billion by the end of this month.
August’s 1.9% increase enlarged Armenian banking system’s actual total to AMD 833.2 billion. ($1 = AMD 361.31).–0—
