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Last Week Armenian Banks Issued AMD Credits Worth 9bln AMD And USD L

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  • Last Week Armenian Banks Issued AMD Credits Worth 9bln AMD And USD L

    LAST WEEK ARMENIAN BANKS ISSUED AMD CREDITS WORTH 9BLN AMD AND USD LOANS WORTH $13.5MLN

    ArmInfo
    2009-05-15 18:53:00

    ArmInfo. Last week (May 4-10) the Armenian banks issued AMD credits
    worth 9bln AMD and USD loans worth $13.5mln, reports the press service
    of the Central Bank of Armenia.

    On the intra-bank currency market this week (May 11-15) the banks
    bought $49.794mln at 372.39 AMD/1 USD and sold $48.765mln at 373.97
    AMD/1 USD. On the inter-bank currency market during the same period
    the banks carried out buying/selling operations worth $1.450mln at
    373.74 AMD/1 USD. May 11-15 the amount of buying/selling operations
    at NASDAQ OMX Armenia totalled $3.6mln with the exchange rate being
    374.32 AMD/1 USD.

    As of Apr 2009 the credit portfolio of the commercial banks of Armenia
    totalled $2bln - 3% growth in Jan-Mar 2009 against 13% growth in
    Jan-Mar 2008.

    From: Emil Lazarian | Ararat NewsPress
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