Total amount of Armenian banks’ credit investments grows by 4.1% in March

03.05.2010 19:25
Total amount of Armenian banks’ credit investments grows by 4.1% in March

YEREVAN, May 3, ARKA/. On March 30 the total amount of Armenian banks’ credit investments grew by 4.1% or 29.8 billion from the beginning of the month to 751.8 billion Drams, the country’s National Statistical Service reported.

It said the volume of credits extended in foreign currency, denominated in Drams, grew by 7.1% or 26.4 billion Drams to 399.7 billion Drams as credits in Drams grew by 1% or 3.4 billion Drams to 352.1 billion Drams.

On March 30 the volume of prolonged credits grew by 6.6 billion Drams compared with February to 34.5 billion Drams, while the volume of overdue credits dropped by 9% or 458 million Drams from February to 4.6 billion Drams.($1 – 384.85 Drams).  -0-


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