YEREVAN, July 10. /ARKA/. The amount of loans provided by Armenian commercial banks to resident customers increased by 3.7 percent in May as opposed to the previous months of April reaching a total of 1.405.6 trillion drams, the Central Bank said on its official website.
It said the amount of loans provided to non-residents increased by 0.7 percent to a little over 40.1 billion drams.
Loans issued in Armenian currency, the dram, grew by 1.6 percent to over 516 billion drams, while loans in foreign currency grew by 4.9 percent to 890 billion drams.
The Central Bank said dram loans to non-residents dropped by 0.5 percent if compared to April to 12.2 billion drams, while loans in foreign currency grew by 1.3 percent to 27.9 billion drams. ($1 – 418.64 drams). -0-
