YEREVAN, March 12. /ARKA/. Overdue credit investments of banking system of Armenia were 4.1 billion drams at the end of January 2011 increased by 8.8%.

Weighted average of overdue credits in total credit investments of the banks was 0.4% at the end of the reporting period.

Urgent credit investments increased by 0.6% at the end of January 2011 versus December 2010 making 897.3 billion drams of 95% of all credit investments. Prolonged credit investments were 42.7 billion drams reduced by 7% making 4.5% of credit investments of the banking system.

Total volume of credit investments of Armenian commercial banks was 944.1 billion drams in January 2011 versus 941.5 billion drams in December 2010 increased by 0.3%. Short-term investments were 23% and long-term - 77%. ($1 – 368.1 drams). --0—