{"id":15624,"date":"2010-10-07T07:59:14","date_gmt":"2010-10-07T07:59:14","guid":{"rendered":"https:\/\/armbanks.am\/2010\/10\/07\/231602\/"},"modified":"2024-12-15T12:48:24","modified_gmt":"2024-12-15T12:48:24","slug":"armenian-bank-credit-investments-grow-to-779-7-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/10\/07\/15624\/","title":{"rendered":"Armenian bank credit investments grow to 779.7 billion drams"},"content":{"rendered":"<p><strong>YEREVAN, October 7, \/ARKA\/.<\/strong> At the end of August a total of 779.7 billion Drams were invested by Armenian banks in the local economy, by 1.6% or 12.6 billion Drams more than at the end of July, the Central Bank of Armenia said in its monthly bulletin for August, posted on its official website.<\/p>\n<p>The largest portion of investments &#8211; 21.4% or 167 billion Drams- was channeled into trade, rising by 2.2% from July. Industry accounted for the second largest share of bank investments at 20.8%. Investments in industry rose by 6.7% from July to 162.4 billion Drams. Consumer credits came third rising by 18.6 percent from July to 145.2 billion Drams. Mortgage credits dropped by 0.7% to 84.5 billion Drams.<\/p>\n<p>Investments in construction slashed by 6.3% to 59.3 billion Drams, investments in agriculture contracted by 2% to 50.5 billion Drams, those in services grew by 3% to 36.2 billion Drams and investments in transport and communications went up by 7.5% to 257 billion Drams. -0-<\/p>\n<p><strong>ARMENIAN BACKS CREDIT INVESTMENTS IN ECONOMY BY SECTORS<\/strong><\/p>\n<p><em>(AMD, in mln)<\/em><\/p>\n<table border=\"1\" cellspacing=\"1\" cellpadding=\"0\" width=\"638\">\n<tbody>\n<tr>\n<td width=\"27%\">Sectors<\/td>\n<td width=\"9%\">Dec. 2009<\/td>\n<td width=\"8%\" valign=\"top\">Jan. 2010<\/td>\n<td width=\"8%\" valign=\"top\">Feb. 2010<\/td>\n<td width=\"8%\" valign=\"top\">March 2010<\/td>\n<td width=\"8%\" valign=\"top\">April 2010<\/td>\n<td width=\"8%\" valign=\"top\">May 2010<\/td>\n<td width=\"8%\" valign=\"top\">June 2010<\/td>\n<td width=\"8%\" valign=\"top\">July 2010<\/td>\n<td width=\"8%\" valign=\"top\">Aug. 2010<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Industry<\/td>\n<td width=\"9%\">146969<\/td>\n<td width=\"8%\">146932<\/td>\n<td width=\"8%\">145142<\/td>\n<td width=\"8%\">153255<\/td>\n<td width=\"8%\">136598<\/td>\n<td width=\"8%\" valign=\"top\">139353<\/td>\n<td width=\"8%\" valign=\"top\">152072<\/td>\n<td width=\"8%\">152424<\/td>\n<td width=\"8%\">162355<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Agriculture<\/td>\n<td width=\"9%\">44177<\/td>\n<td width=\"8%\">43216<\/td>\n<td width=\"8%\">44802<\/td>\n<td width=\"8%\">48058<\/td>\n<td width=\"8%\">47846<\/td>\n<td width=\"8%\" valign=\"top\">47608<\/td>\n<td width=\"8%\" valign=\"top\">48690<\/td>\n<td width=\"8%\">51526<\/td>\n<td width=\"8%\">50493<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Construction<\/td>\n<td width=\"9%\">54132<\/td>\n<td width=\"8%\">52610<\/td>\n<td width=\"8%\">53873<\/td>\n<td width=\"8%\">57481<\/td>\n<td width=\"8%\">59553<\/td>\n<td width=\"8%\" valign=\"top\">59380<\/td>\n<td width=\"8%\" valign=\"top\">58775<\/td>\n<td width=\"8%\">63299<\/td>\n<td width=\"8%\">59299<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Transport<\/td>\n<td width=\"9%\">15430<\/td>\n<td width=\"8%\">15070<\/td>\n<td width=\"8%\">15393<\/td>\n<td width=\"8%\">17841<\/td>\n<td width=\"8%\">20096<\/td>\n<td width=\"8%\" valign=\"top\">20738<\/td>\n<td width=\"8%\" valign=\"top\">22189<\/td>\n<td width=\"8%\">23911<\/td>\n<td width=\"8%\">25722<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Trade<\/td>\n<td width=\"9%\">145492<\/td>\n<td width=\"8%\">141092<\/td>\n<td width=\"8%\">149611<\/td>\n<td width=\"8%\">160976<\/td>\n<td width=\"8%\">158626<\/td>\n<td width=\"8%\" valign=\"top\">161574<\/td>\n<td width=\"8%\" valign=\"top\">164691<\/td>\n<td width=\"8%\">163368<\/td>\n<td width=\"8%\">167021<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Services<\/td>\n<td width=\"9%\">29712<\/td>\n<td width=\"8%\">29523<\/td>\n<td width=\"8%\">31238<\/td>\n<td width=\"8%\">32434<\/td>\n<td width=\"8%\">34954<\/td>\n<td width=\"8%\" valign=\"top\">35339<\/td>\n<td width=\"8%\" valign=\"top\">34115<\/td>\n<td width=\"8%\">35171<\/td>\n<td width=\"8%\">36241<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Consumer credits<\/td>\n<td width=\"9%\">136435<\/td>\n<td width=\"8%\">135890<\/td>\n<td width=\"8%\">138630<\/td>\n<td width=\"8%\">142711<\/td>\n<td width=\"8%\">144277<\/td>\n<td width=\"8%\">145271<\/td>\n<td width=\"8%\">143833<\/td>\n<td width=\"8%\">143324<\/td>\n<td width=\"8%\">145254<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Mortgage credits<\/td>\n<td width=\"9%\">83960<\/td>\n<td width=\"8%\">81964<\/td>\n<td width=\"8%\">82486<\/td>\n<td width=\"8%\">85140<\/td>\n<td width=\"8%\">83761<\/td>\n<td width=\"8%\" valign=\"top\">83502<\/td>\n<td width=\"8%\" valign=\"top\">83483<\/td>\n<td width=\"8%\">85127<\/td>\n<td width=\"8%\">84497<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\">Other<\/td>\n<td width=\"9%\">42613<\/td>\n<td width=\"8%\">42620<\/td>\n<td width=\"8%\">42986<\/td>\n<td width=\"8%\">44686<\/td>\n<td width=\"8%\">46923<\/td>\n<td width=\"8%\" valign=\"top\">48686<\/td>\n<td width=\"8%\" valign=\"top\">47686<\/td>\n<td width=\"8%\">48997<\/td>\n<td width=\"8%\">48847<\/td>\n<\/tr>\n<tr>\n<td width=\"27%\"><em>Total<\/em><\/td>\n<td width=\"9%\"><em>698920<\/em><\/td>\n<td width=\"8%\"><em>688918<\/em><\/td>\n<td width=\"8%\"><em>704162<\/em><\/td>\n<td width=\"8%\"><em>742583<\/em><\/td>\n<td width=\"8%\"><em>732633<\/em><\/td>\n<td width=\"8%\"><em>741449<\/em><\/td>\n<td width=\"8%\"><em>755537<\/em><\/td>\n<td width=\"8%\"><em>767147<\/em><\/td>\n<td width=\"8%\"><em>779729<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Armenian bank credit investments grow to 779.7 billion drams<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216,314],"tags":[15837,15418,12142,15458,319],"class_list":["post-15624","post","type-post","status-publish","format-standard","category-banks-en-en","category-news","category-314","tag-armenia-2","tag-bank-en-2","tag-credit","tag-investments-2","tag-319"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Armenian bank credit investments grow to 779.7 billion drams\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<meta name=\"keywords\" content=\"armenia,bank 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