{"id":63341,"date":"2013-10-07T16:09:50","date_gmt":"2013-10-07T16:09:50","guid":{"rendered":"https:\/\/armbanks.am\/2013\/10\/07\/239499\/"},"modified":"2024-12-15T13:07:26","modified_gmt":"2024-12-15T13:07:26","slug":"armenian-commercial-banks-credit-investments-in-residential-economy-grow-3-9-to-amd-1585-9-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/10\/07\/63341\/","title":{"rendered":"Armenian commercial banks\u2019 credit investments in residential economy grow 3.9% to AMD 1585.9 billion"},"content":{"rendered":"<p><strong>YEREVAN, October 7. \/ARKA\/.<\/strong> Armenian commercial banks\u2019 aggregate portfolio of loans extended to residents has grown 3.9% since the beginning of this year to AMD 1585.9 billion in late August.<\/p>\n<p>According to the information posted on the central bank\u2019s official website, loans extended to residents in drams totaled over AMD 575.3 billion in August after growing 6.7% since January, and loans to residents in foreign currencies grew 2.4% to more than AMD 1010.5 billion.<\/p>\n<p>According to the source, lending to industry dominated banks\u2019 aggregate loan portfolio in August \u2013 its share is 21.6% here. Banks\u2019 outstanding loans to industrial enterprises totaled about AMD 344.1 billion in August showing 9.7% decline, compared with January.<\/p>\n<p>Consumer and trade lending dominated bank\u2019s loan portfolio as well \u2013 each of them had 21-percent share here in August. Consumer lending amounted to AMD 334.5 billion in August showing 11.3% growth, compared with January, and trade lending amounted to AMD 334.3 billion \u2013 11.3% and 5% growth respectively.<\/p>\n<p>Banks\u2019 mortgage loan portfolio grew 11.4% to AMD 136.7 billion and their lending to agriculture grew 12.39% to AMD 103.5 billion.<\/p>\n<p>Instead, lending to construction fell 0.83% to AMD 99.4 billion.<\/p>\n<p>Lending to the services sector grew 5.6% to AMD 89.6 billion, to transport and communication services 4.9% to AMD 41.1 billion and to other segments of the national economy 23.69% to AMD 102.3 billion.<\/p>\n<p>Twenty one commercial banks functioned in Armenia in August 2013. ($1 \u2013 AMD 405.29). &#8212;-0&#8212;-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian commercial banks\u2019 aggregate portfolio of loans extended to residents has grown 3.9% since the beginning of this year to AMD 1585.9 billion in late August<\/p>\n","protected":false},"author":1,"featured_media":156974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,12139,9216],"tags":[15837,12790,12397,483],"class_list":{"0":"post-63341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-economy-en","9":"category-news","10":"tag-armenia-2","11":"tag-commercial-banks","12":"tag-investment","13":"tag-483"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/63341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=63341"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/63341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/156974"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=63341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=63341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=63341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}