Armenian banks’ credit exposure to residents grows 2.7% to AMD 2 trillion in February

22.04.2016 15:09
Armenian banks’ credit exposure to residents grows 2.7% to AMD 2 trillion in February

YEREVAN, April 22. /ARKA/. The amounts the Armenian commercial banks have lent to residents reached AMD 2 089 billion by late February after growing 2.7% over one moth, the Central Bank of Armenia reports on its website.

The share of consumer loans in aggregate credit exposure is biggest – 20.5%. Consumer loans extended to residents totaled AMD 428.5 billion in late February after growing 0.9% over the month.

Trade accounted for the second biggest share in the commercial banks’ credit exposure in late February – 17.5%. It also accounted for a 8.5% month-on-month growth to about AMD 366.3 billion.

Mortgage lending is third with its 8.9% share and 0.2% growth to AMD 178.8 billion.

Loans extended to residents in Armenian drams grew 1.9% to AMD 716.6 billion in late February, and those extended in foreign currencies grew 3.1% to AMD 1 373.3 billion.

There are 21 registered commercial banks in Armenia now. ($1 – AMD 479.37). ---0----


Tags:

Partners news
Loading...

Related Posts