Credit investments of commercial banks of Armenia in resident economy increased by 2.7% to 988.3 billion drams in April

08.06.2011 15:03
Credit investments of commercial banks of Armenia in resident economy increased by 2.7% to 988.3 billion drams in April

YEREVAN, June 8. /ARKA/. Total credit investments of banking system of Armenia in resident economy increased by 2.7% or 26.3 billion drams making over 988.3 billion drams at the end of April compared with March indicator, states monthly bulletin of CBA for April 2011.

The largest weighted average in total credit investments of the banks goes to the sphere of industry (22.6%) where the banks allocated about 223.6 billion drams (increase of 1.1% compared with the indicator of the last month).

The second place occupies the sphere of trade with the share of 20.8%, crediting of which increased by 2.5% in April making about 205.1 billion drams compared with March.

The third place occupy consumer credits -18.5%, the share of which increased by 2.7% compared with March. Consumer credits of commercial banks in resident economy exceeded 182.9 billion drams at the end of April.

Mortgage loans of the banks in resident economy make about 91.8 billion drams increased by 1.9%.

In April the banks allocated about 81.4 billion drams (increase by 3.3% compared with the last month) for the construction sphere.

Crediting of agriculture was over 60 billion drams increased by 4.9%, services reduced by 1% exceeding 45.9 billion drams and the sphere of transport and communications increased by 20.8% making about 36.5 billion drams. ($1 – 376.56 drams). G.K.—0–

CREDIT INVESTMENTS OF COMMERCIAL BANKS OF ARMENIA IN RESIDENT ECONOMY

(mln. drams)

February 2011 March 2011 April 2011
Industry 216464 221163 223584
Agriculture 54784 57265 60046
Construction 76627 78760 81383
Transport and communications 29064 30241 36526
Торговля 187578 200067 205091
Services 40772 46450 45986
Consumer credist 170196 178076 182939
Mortgage loans 88996 90637 91803
Other 54831 59390 60989
Total 919312 962049 988349

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