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Armenia’s industry lending totals 23.8%, nearly AMD 338.4 bln in June

YEREVAN, August 17. /ARKA/. Industry lending by Armenian banks rose by 5.2% to over 338.4 billion drams in June from May, 23.8% of the total lending, according to the data available on Central Bank’s website.

At the same time, Armenia’s banks allocated 327.3 billion drams in commerce lending in June 2012, 2.9% higher from May. It made up 23.1% of the total lending to other economic sectors.

Consumer loans totaled nearly 260.4 billion drams, or 18.4% share, mortgage loans- 120.7 billion drams (8.5 %), construction-103.3 billion drams (7.3 %), agriculture-93.5 billion drams (6.6 %), transport and communication- 43.1 billion drams (3 %). ($1 – 411.25 drams).—0—

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