YEREVAN, March 16. /ARKA/. Volume of loans allocated by Armenian commercial banks to resident customers advanced 1.5 % to 1. 260.5 trillion drams as of January 31, 2012 from December, the website of Armenia’s Central Bank says.
The volume of lending to non-residents increased by 0.2% to a total of nearly 42.9 billion drams.
Loans in drams granted to residents rose by 0.03 % to 489.9 billion drams, while in foreign currency – up by 2.5% to about 770.6 billion drams in January from December, according to the data. Within the same period, loans in Armenian drams to non-residents are said to gain 1.6% increase reaching over 11.9 billion drams, whereas in foreign currency to lose 0.3% to nearly 30.9 billion drams. ($1 – 389.36 drams). —0–
Armenian banks’ lending to residents rises 1.5 % to amd 1. 260.5 trln in January
