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Armenian commerce lending totals AMD 327.3 bln or 23.1% in June

YEREVAN, August 16. /ARKA/. Armenia’s banks allocated 327.3 billion drams in commerce lending in June 2012, 2.9% higher from May, according to the data available on Central Bank’s website.

It made up 23.1% of the total lending to other economic sectors.

Industry lending accounted 338.4 billion drams or 23.8% of the total lending.

Consumer loans totaled nearly 260.4 billion drams, or 18.3% share, mortgage loans- 120.7 billion drams, construction-103.3 billion drams, agriculture-93.6 billion drams, transport and communication- 43 billion drams. ($1 – 411.59 drams).—0–

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