Total volume of Armenian banks’ credit investments gross AMD 797,9bln as of end of JuneAugust 5, 2010 - 18:57 AMT PanARMENIAN.Net - The total amount of credit investments of Armenia’s banks grossed AMD 797,9bln as of the end of June 2010, increasing by 2,3% (AMD 18 bln) compared with May. AMD 770,9 bln was provided to the country’s residents; AMD 27bln was extended to non-residents, according to the monthly bulletin of the Central Bank of Armenia. AMD loans totalled 46,2%, while foreign currency loans amounted to 53,8%. Majority of loans (AMD 164,7 bln) were provided to trade enterprises, followed by industry loans (AMD 152,1 bln), consumer loans (AMD 143,8 bln), mortgage loans - AMD 83.5bln and construction loans (AMD 58.8 bln). Besides, agricultural loans to the amount of AMD 48,7 bln, consumer service loans (AMD 34,1 bln), transport and communication loans (AMD 22,2 bln) were provided. 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 | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |