Wed, 14 January
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Yerevan
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Armenia’s credit organizations invested AMD 113.9 bln in loans late January

YEREVAN, March 14. /ARKA/. Credit organizations in Armenia invested 113.9 billion drams in loans late January 2013 (not counting the accrued interests), which was 0.4% higher from December, according to the monthly news report of the Central Bank.

Lending to households climbed by 1% to 81.4 billion drams in January compared to December. It is said to account for 71.4% in total lending. Loans in AMD to households stood at 58.5 billion, and in foreign currency –22.9 billion drams.

Lending to enterprises was nearly 30.7 billion drams in January against 31 billion in December (0.9% down). It is said to account for 26.9% in total lending. Loans in AMD valued at 11.6 billion drams whereas those in foreign currency –19.1 billion drams.

As of 31 January 2012 there are 32 credit organizations in Armenia. ($1 – 412.75 drams).—0-

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