Volume of crediting of resident companies by Armenian commercial banks in December reduced by 0.2% to 710.8 billion drams
10.02.2012
YEREVAN, February 10. /ARKA/. Volume of loans provided to resident companies by Armenian commercial banks reduced in December 2011 by 0.2% compared to November making about 710.8 billion drams, states the site of Armenian central Bank.
According to the press-release, volume of credits in drams provided to resident companies increased in December by 0.1% compared to the last month, making over 153.6 billion dram, and credits in foreign currency reduced by 0.3% to 557.2 billion drams.
Credits provided in drams to private companies in December reduced by 0.1% to 151 billion drams compared to November, and in foreign currency – by 0.7% to 537.7 billion drams.
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The share of trade crediting in December in Armenia was 23% – over 275.7 billion drams
09.02.2012
The share of loans provided by commercial banks of Armenia in December 2011 was 23% of all the provided loans to the residents (by economy branches), the site of CBA informs.
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IFC will provide Armenia with $1.9 million to help it improve investment climate
08.02.2012
The International Finance Corporation (IFC), a member of the World Bank Group, will provide Armenia with $1.9 million grant to help it improve its investment climate.
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ACBA-CREDIT AGRICOLE Bank opens Aragats branch in Aragatsotn region
08.02.2012
ACBA-CREDIT AGRICOLE Bank has opened another branch in Tsakhkahovit village of Armenian Aragatsotn province.
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