The total amount of credit investments of Armenia’s banks made AMD 779.9bln as of the end of May 2010 that is 1.5% or AMD 11.6bln higher as compared with April. AMD 755.9bln was provided to the country’s residents, while 24bln – to non-residents, according to the monthly bulletin of the Central Bank of Armenia.
AMD loans totaled 47.4%, while foreign currency loans amounted to 52.6%.
Meanwhile, major part of the provided loans were in the field of trade – AMD 161.6bln, which are followed by consumer loans – AMD 145.3bln, industry – AMD 139.4bln, mortgage loans – AMD 83.5bln and construction – AMD 59.4bln. It is noteworthy that the amount of agricultural loans totaled AMD 47.6bln as of the end of April, while the service field – AMD 35.3bln and transport and communication field – AMD 20.7bln.
