YEREVAN, December 8. /ARKA/. Volume of credit investments of Armenian commercial banks in October 2011 compared to September 2011 increased by 2.8% making at the end of October 1 212.3 billion drams, states the bulletin of Central Bank of Armenia for October 2011.
The largest share of credit investments make foreign currency credits provided to the residents (57.2%) which is 693.9 billion drams. This indicator registered growth by 2.9% compared to September. Then come credits provided to the residents in drams, the share of which is 38.4% with the indicator of 465.4 billion drams (growth of 1.6%).
According to the data, the volume of the credits provided to non-residents in drams was 11.4 billion drams at the end of October increased by 0.5% compared to September, and in foreign currency – about 42.5 billion drams increased by 6.2%. –0–
