YEREVAN, July 7. /ARKA/. At the end of May 2010, total credit investments of banking system of Armenia in resident economy of the country was 741.4 billion increased by 1.2% or more than 8.8 billion drams. This information is included in the manual of CB as of May 2010 which is placed in its official site.

The largest share in total credit investments of the banks is in trade sphere – 21.8%. The banks allocated about 161.6 billion drams for this sphere (increase of 1.9% is registered compared with the indicator of the last month).

Consumers’ credits occupy the second place with the share of 19.6% which were increased by 0.7% compared with April. Consumers’ credits of commercial banks in resident economy of Armenia were 145.3 billion drams as of the end of April.

Industry is in the third place with the share of 18.8%. Its crediting was increased by 2% compared with the previous month making 139.3 billion drams. Mortgage loans of the banks in resident economy made about 83.5 billion drams reduced by 0.3% compared with April.

In the reporting period the banks allocated 59.4 billion drams in the sphere of construction (decline of 0.3% compared with the previous month). Crediting of agriculture was 47.6 billion drams at the end of May reduced 0.5%, services – about 35.3 billion drams (increase of 1.1%) and transport and communications – 20.7 billion drams (increase by 3.2%). ($1 – 368.89 drams).—0--