Lending by crediting organizations in March 2012 saw a 4.1% rise

17.05.2012 16:00
Lending by crediting organizations in March 2012 saw a 4.1% rise

YEREVAN, May 17. /ARKA/. Lending by crediting organizations in March 2012 saw a 4.1% rise from the previous month of February reaching 89.3 billion drams, the Central Bank of Armenia said in a report. It said in the overall amount time loans made 98.7% or about 88.1 billion drams having grown by 4.2% from the previous month.

According to the report, prolonged credit investments in the reporting period totaled 849 million drams, down 0.7% compared with February to almost 1% of all credit investments of crediting organizations.

At the same time overdue loans with a share of 0.4% of total amount stood at 335 million drams, 4.6% down from February. ($1-396.99 drams). -0-


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