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July’s commerce lending in Armenia fetches up over AMD 315.9 bln or 21.3% of total lending

YEREVAN, September 13. /ARKA/. Lending to commerce in July 2012 made up 21.3% of the total lending, according to the Central Bank of Armenia.

Commerce lending slashed by 3.5% from June to over 315.9 billion drams as of July 31. Industry lending amounted to 24.3% of the total lending, or over 341.5 billion drams.

According to the data, published on CBA website, consumer lending accounted 18.8%- nearly 264.6 billion drams, within the reported period.

Mortgage loans totaled 120.8 billion drams, construction- 100.6 billion drams, agriculture- 91.2 billion drams, transport and communication- 42.3 billion drams. ($1 – 410.83 drams).—0-

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