Wednesday, January 19 2011 11:50
Over 54% of foreign exchange loans were provided to industrial and trade sectors
ArmInfo. Commercial banks of Armenia provided 846 billion drams ($2.4 billion) loans for Jan-Nov 2010. The Central Bank's data say the given indicator grew 26% versus Jan-Nov 2009, 21% for Jan-Nov 2010, and 2.8% for Nov 2010. The share of loans in terms of the national dram provided to residents was nearly 43% or 361 billion drams ($1 billion), the share of foreign exchange loans was over 57% or 485 billion drams ($1.4 billion). The AMD loans grew 12.6% versus Jan-Nov 2009 (up 2.3% for Nov), foreign exchange loans - 37.5% (up 3% for Nov).
22.5% of industrial loans were provided to residents - 190.4 billion drams (up 50.5% versus Jan-Nov 2009, and 4.2% for Nov), including AMD loans totaled 47.3 billion drams (up 26.1% versus Jan-Nov 2009 and 0.2% for Nov) and foreign exchange loans totaled 143.1 billion drams (up 61% and 5.6%, respectively). The share of trade finance was 21.6% or 182.8 billion drams (up 25.6% versus Jan-Nov 2009 and 2.5% for Nov), including AMD loans totaled 62.2 billion drams (down 14.8% versus Jan-Nov 2009 and 5.1% for Nov) and foreign exchange loans totaled 120.6 billion drams (up 25.5% and 1.2%, respectively). Over 54% of foreign exchange loans were provided to the industrial and trade sectors.
The share of consumer loans in the total amount of loans provided to residents was 18.3% or 154.7 billion drams (up 14.8% versus Jan-Nov 2009 and 3% for Nov), including AMD loans totaled 137.1 billion drams (up 13.1% versus Jan-Nov 2009 and 2.8% for Nov) and foreign exchange loans totaled 17.6 billion drams (up 64.5% and 3%, respectively). The share of mortgage loans was 5.6% or 86.2 billion drams (up 2.5% versus Jan-Nov 2009 and 1.3%for Nov), including AMD loans totaled 52.7 billion drams (up 2.7% versus Jan-Nov 2009 and down 0.1% for Nov) and foreign exchange loans totaled 33.5 billion drams (up 4.7% and 3.4%, respectively).
The share residents in the loans provided to the construction sector was 8.3% or almost 71 billion drams (up 40% versus Jan-Nov 2009 and 4.4% for Nov), including AMD loans totaled 18.4 billion drams (up 18% versus Jan-Nov 2009 and 1.7% for Nov) and foreign exchange loans totaled 52.4 billion drams (up 40.5% and 5.2%, respectively). The share of the agriculture sector was 5.7% or 48.6 billion drams (up 14/4 versus Jan-Nov 2009 and 1.3% for Nov), including AMD loans totaled nearly 7 billion drams (down 5.4% versus Jan-Nov 2009 and up 4.5% for Nov) and foreign exchange loans totaled 41.7 billion drams (up 18.8% and 0.8%, respectively).
The loans provided to residents in the sphere of services made up 4.6% or 38.6 billion drams (up 33% versus Jan-Nov 209 and 2.6% for Nov), including AMD loans totaled 13.6 billion drams (down 2.2% versus Jan-Nov 2009 and no changes for Nov) and foreign exchange loans totaled 25 billion drams (up 65.6% and 1.2%, respectively). The share of transport and communications made up 3% or 25.6 billion drams (up 62% versus Jan-Nov 2009 and 0.8% for Nov), including AMD loans totaled 9 billion drams (up 4.6% versus Jan-Nov 2009 and 2.3% for Nov) and foreign exchange loans totaled 16.7 billion drams (up 132% and almost no changes for Nov respectively).
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