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Last Week Armenian Banks Provided Loans Worth 12.3 Bln AMD And $18.6

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  • Last Week Armenian Banks Provided Loans Worth 12.3 Bln AMD And $18.6

    LAST WEEK ARMENIAN BANKS PROVIDED LOANS WORTH 12.3 BLN AMD AND $18.6 MLN USD

    ArmInfo
    2009-08-21 17:56:00

    ArmInfo. Last week Armenian banks provided loans worth 12.3 bln AMD
    and $18.6 mln USD, the press-service of the Central Bank of Armenia
    told ArmInfo, Friday. According to the source, during the current week
    (17-21 August) at the intrabank currency market (transactions with
    clients) the banks bought $43.114 mln at the average exchange rate of
    373,06 AMD/$1, and sold $48.508 mln at the average exchange rate of
    375,47 AMD/$1. On 17-21 August at the interbank currency market the
    banks carried out operations on purchase and sale of currency worth
    $3.650 mln at the average exchange rate of 373,66 AMD/$1. During the
    period over review currency operations on purchase and sale worth $3.6
    mln were carried out at NASDAQ OMX Armenia at the average exchange
    rate of 375,79 AMD/$1. According to ArmInfo data, as of 1 July 2009
    the total credit portfolio of the Armenian commercial banks amounted
    to $1.8 bln, having decreased by 3% in the second quarter as against
    14% growth in the second quarter of 2008.
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