  Armenian commercial banks credit exposure totals AMD 857 billion November 8, 2010 - 13:00 AMT PanARMENIAN.Net - The credit exposure of Armenian commercial banks totaled AMD 857 billion by the end of September 2010. Loans amounting to AMD 824,2 were provided for Armenian citizens. AMD 32,8 billion was allocated for non-residents. The largest amount of credits - AMD 174,1 billion - was provided for trade, followed by industry (AMD 173,7 billion), consumer loans (AMD 148,9 billion), mortgage credit (AMD 85,2 billion), construction industry (AMD 65,3 billion), agricultural loans (AMD 50 billion), services sector (AMD 38,1 billion), transport and communications (AMD 26 billion), the Central Bank of Armenia said.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Biden honors resilience of Armenian people on April 24  U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |
