Armenian credit organizations’ credit investments grow 3.9% to AMD 85.8 billion

12.04.2012 18:49
Armenian credit organizations’ credit investments grow 3.9% to AMD 85.8 billion

YEREVAN, April 12. /ARKA/. The total amount of the loans extended by Armenian credit organizations grew 3.9% in February, compared with January, to AMD 85.8 billion, the Central Bank of Armenia says summarizing monetary indicators for February 2012.
According to the central bank’s report, short-term loans reached 84.6 billion in late February accounting for 4% month-on-month growth and 98.6% of the total amount of the extended loans.
Prolonged credit investments totaled AMD 855 million in late February after growing 2.3% over the month. They made up 1% of credit organizations’ aggregate lending.
Overdue dram loans amounted to AMD 351 million and accounted for 0.4% of the total lending. They contracted by 9.5% over February. ($1- AMD 391.77). -0—


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