Education lending by Armenia’s credit organizations hit over AMD 130.5 mln late October

Loans

YEREVAN, December 7. /ARKA/. Total loans allocated to education by Armenia’s credit organizations dropped 2% late October from September to nearly 130.5 million drams, according to the National Statistical Service of Armenia.

According to the data, AMD loans fell from September by 1.98%, and foreign currency loans- 12.6 million drams ( 2.2% down from September).

Lending to Armenia’s resident economy totaled 147.9 billion drams, which is 2.4% higher from September.

As of 30 October 2012 there are 32 commercial organizations in Armenia. ($1 – 407.09 drams).

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