YEREVAN, April 27. /ARKA/. Armenian commercial banks’ aggregate mortgage loan portfolio reached AMD 112.4 billion in late March after growing 1.9%, compared with late February.
According to the information available on the central bank’s website, the loans extended in drams totaled 60.5 billion in late March after growing 0.6% over the month, and those extended in foreign currencies amounted to AMD 51.9 billion – 3.5% month-on-month growth.
The share of mortgage loans in banks’ aggregate lending portfolio was 8.7% in late March.
The loans extended by Armenian commercial banks to the resident economy totaled AMD 1.3 trillion in late March after growing 2.9% since late February.
There are 21 commercial banks in Armenia. ($1 – AMD 392.29). -0–
