11.02.2011 14:41
YEREVAN, February 11. /ARKA/. HSBC Bank Armenia was the largest creditor of the trade sector in the fourth quarter of 2010.
According to the bank’s quarterly report, AMD 25.7 billion was lent to the sector against AMD 24.2 billion in late September (6.3% growth). This amount constitutes 29.9% of the bank’s loan portfolio. The bank’s share in the total crediting of the trade sector is 13.5%.
Armenian banks’ quarterly reports show that their aggregate loans extended to economic sectors amounted to AMD 918.4 by late December 2010 against AMD 849.2 billion in late September.
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