YEREVAN, August 10. /ARKA/. Mortgage loans allocated by the commercial banks of Armenia in June jumped by 3.3% to 120.7 billion drams from May, according to the data available on Armenian Central Bank’s website.
Mortgage loans in drams totaled 61.8 billion drams ( 1.1% rise from May), and in foreign currency- 58.9 billion drams (5.8% growth from a month earlier).
Mortgage loans made up 8.5% in the total credit portfolio of Armenia’s banks.
Armenia’s commercial banks invested total of 1 418,1 billion drams in resident’s economy in June which is 3.3% higher from May.
As of June 30 there are 21 commercial banks in Armenia. ($1 – 413.31 drams). E.O.—0–
