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Armenian banks build up lending by AMD 22.8 billion in September

YEREVAN, November 1. /ARKA/. Armenian banks provided loans totaling AMD 2 975.9 billion in September, and this is 0.77% or by AMD 22.8 billion more than I the previous month, the Central Bank of Armenia reports.

The loans provided to residents have increased 0.62% over one month to AMD 2 748.7 billion in late September. Loans in drams amounted to AMD 1 181.4 billion here, and loans in dollars to AMD 1567.3 billion.

According to the central bank’s report, the loans provided to companies totaled AMD 1 524.8 billion, the loans provided to households AMD 1 027.4 billion, to non-profit companies AMD 108.4 billion and to other financial organizations AMD 88 billion.

Loans provided to non-residents totaled AMD 227.1 billion in September showing a 2.7% month-on-month growth. ($1 – AMD 486.24). —0—

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