YEREVAN, April 5. /ARKA/.  The Central Bank of Armenia said 23.2% of all outstanding loans provided by local commercial banks to residents went to industrial sector. According to a statement on the Central Bank’s official website, the lending to industry rose to 289.6 billion drams as of late February, which was by 5% more than in the previous month.
Some 22.7% of all loans were channeled into trade growing by 3.3% from the previous month to 284.1 billion drams at the end of February.
Consumer loans accounted for 18.7% of the combined outstanding credit portfolio of the banks or 234.1  billion drams, mortgage loans’ share was  8.8%  or 110.3  billion drams, the share of lending provided to construction sector  was 7.7%  or  96.6  billion drams, agricultural lending accounted for 6.1%  or 76.7 billion drams and loans provided to transport and communications made 3.3%  or 42.3 billion drams   ($1 – 391.32 drams).  -0-