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Armenian credit organizations’ loan portfolio grows 20.8% to AMD 137.1 billion in late December 2013

YEREVAN, February 11. /ARKA/. Armenian credit organizations’ aggregate loan portfolio amounted to AMD 137.1 billion in late December 2013 after growing 20.8% since the same month a year before, the National Statistical Service reports.

The loans extended to residents totaled AMD 137.027 billion in late December 2013 – 20.8% year-on-year growth. Of this amount, AMD 87.087 billion has been lent in drams (24.4% growth) and over AMD 49.9 billion in foreign currencies (15% growth).

According to the statistical report, Armenian credit organizations lent AMD 103.3 billion to households in 2013 (28.3% growth) – about AMD 72.6 billion in drams (25.9% growth) and over AMD 30.7 billion in foreign currencies (34.3% growth). ($1 – AMD 411.49). -0—

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