Armenian commercial banks' credit exposure to investment companies reaches AMD 28.9 billion by late February

22.04.2016 15:10
Armenian commercial banks' credit exposure to investment companies reaches AMD 28.9 billion by late February

YEREVAN, April 22. /ARKA/. The total amount of the loans Armenian commercial banks have extended to investment companies grew 19.7% in February 2016, compared with the previous month, to AMD 28.9 billion, the Central Bank of Armenia says in a fresh issue of its monthly bulletin.

According to the bulletin, loans to investment companies in drams grew 22.5% reaching AMD 26 billion by late February, while those in foreign currencies shrank 1.1% to AMD 2.8 billion.

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


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