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RA BANKS PROVIDE LOANS OF ABOUT 312 MLN USD AS OF LATE FEBRUARY
YEREVAN, APRIL 5, NOYAN TAPAN. As of February 28, 2005, the total
amount of the loans provided by the RA commercial banks made 146
bln 81 mln drams (about 312 mln USD), 96.41% of which represented
credit investments, 2.49% - deferred loans and 1.11% - overdue loans.
According to the RA National Statistical Service, the balance of the
population's deposits with the banks increased 9.1% compared with
late February of last year and made 81 bln 582 mln drams. The deposits
with the commercial banks made 224 bln 937 mln drams. In January and
February of 2005, the expenditures related to foreign currency sales
and purchases in the RA banking system exceeded the revenues by 18
bln 105.1 mln drams and made 37 bln 874.1 mln drams and 19 bln 769
mln drams respectively.
YEREVAN, APRIL 5, NOYAN TAPAN. As of February 28, 2005, the total
amount of the loans provided by the RA commercial banks made 146
bln 81 mln drams (about 312 mln USD), 96.41% of which represented
credit investments, 2.49% - deferred loans and 1.11% - overdue loans.
According to the RA National Statistical Service, the balance of the
population's deposits with the banks increased 9.1% compared with
late February of last year and made 81 bln 582 mln drams. The deposits
with the commercial banks made 224 bln 937 mln drams. In January and
February of 2005, the expenditures related to foreign currency sales
and purchases in the RA banking system exceeded the revenues by 18
bln 105.1 mln drams and made 37 bln 874.1 mln drams and 19 bln 769
mln drams respectively.