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Average percent rate of mortgage loans in usd in January reduced to 12.4%

YEREVAN, February 22. /ARKA/. Average annual percent rate of mortgage loans in USD in January 2012 compared to the same period of 2011 reduced by 0.4 p.p. to 12.4%, says the site of Central Bank of Armenia.

According to the data, average percent rate in January 2011 of mortgage loams in AMD reduced by 0.1 p.p. to 12.9%.

Along with this, average percent rate of long-term credits in AMD provided by commercial banks of Armenia in January was 17.6% increased by 1.5 p.p. compared to January 2011, and by credits in foreign currency – 13.4% reduced by 1.4 p.p.

Short-term credits in drams in January were provided in average by percent rate of 17.5% instead of 17.7% in January 2011, and credits in foreign currency – by 13.9% instead of 14%. ($1- 389.26 drams).—0—

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