YEREVAN, September 16. /ARKA/. Volume of credits provided by commercial banks of Armenia to resident-companies, in July 2011 increased by 0.6% compared to June 2011 making about 632.4 billion drams, states the report of Central Bank of Armenia “Summarization of monetary-credit indicators for July 2011”.

Volume of drams credits provided to the companies increased by 0.8% making about 150.8 billion drams and credits in foreign currency increased by 0.6% making 481.7 billion drams.

Volume of dram credits to private entrepreneurs increased by 0.9% in July to over 148 billion drams compared to June and in foreign currency - by 0.2% to over 463.9 billion drams.

Credits provided to state companies in drams reduced by 4% making 2.7 billion drams and in foreign currency – 11.7% making 17.8 billion drams. ($1 – 374.94 drams). -0-