YEREVAN, December 12. /ARKA /. The amount of lending provided to resident customers in October by Armenian commercial banks upped by 2.7% from September to 1. 158.3 trillion drams, the Central Bank said in a statement posted on its official website. It said the lending to non-residents increased by 5% to 53.9 billion drams.
Loans provided to residents in Armenia’s national currency, the dram, grew by 1.6% from September to 465.4 billion drams, while loans provide in foreign currencies grew by 3.4% to 670 billion drams.
The statement says also that loans to non-residents in drams rose by 0.5% from September to 11.4 billion drams while loans provided in foreign currencies upped by 6.2% to 42.4 billion drams. ($1 – 383.12 drams). -0-
