YEREVAN, July 25. /АРКА/. The aggregate loan portfolio of Armenia’s commercial banks has been grown 4.8% since the beginning of this year reaching about AMD 1884.2 billion by late June.
According to the Central Bank of Armenia, lending to resident’s amounted to AMD 1831 billion after growing 5% over six months.
The loans extended in drams totaled AMD 689.7 billion – 3.4% growth, and those extended in foreign currencies totaled AMD 1141.3 billion – 6% growth.
In June, the banks lent 1015.6 billion (2.5% growth) to corporate clients, AMD 731 billion (9.3% growth) to households, AMD 42.5 billion (4.6% recline) to noncommercial organizations and AMD 41.9 billion (6.5% growth) to other financial organizations.
The loans extended to nonresidents amounted to AMD 53.1 billion (2.6% decline).
Twenty one commercial banks functioned in Armenia in late June 2014. ($1 – AMD 406.56). —0—
