Armenian banks’ credit investments totaled AMD 768.3bln as of May 2010June 11, 2010 - 14:44 AMT PanARMENIAN.Net - The total amount of credit investments of Armenia’s banks made AMD 768.3bln as of May 2010 that is 1.5% lower as compared with March. AMD 746.9bln was provided to the country’s residents, while 21.3bln – to non-residents, according to the monthly bulletin of the Central Bank of Armenia. AMD loans totaled 48%, while foreign currency loans amounted to 52%. Meanwhile, major part of the provided loans were in the field of trade – AMD 158.6bln, which are followed by consumer loans – AMD 144.3bln, industry - AMD 136.6bln, mortgage loans – AMD 83.8bln and construction – AMD 59.6bln. It is noteworthy that the amount of agricultural loans totaled AMD 47.8bln by the end of April, while the service field – AMD 35bln and transport and communication field – AMD 20.1bln. 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 | Freedom House: “Why are there no Armenians in Nagorno Karabakh?” Freedom House has published a report summary titled “Why are there no Armenians in Nagorno Karabakh?” Armenia says wants expanded transport, energy connectivity Pashinyan says Armenia is interested in the expansion of connectivity in transport, energy, telecommunications and other directions. Aliyev: Change in Armenia’s Constitution key for singing peace deal Ilham Aliyev has declared that most important condition for signing a peace agreement is for Armenia to change its Constitution. U.S. sees “extraordinary” opportunity for peace between Armenia, Azerbaijan U.S. Secretary of State Antony Blinken believes there is an “extraordinary” opportunity to reach a peace agreement between Armenia and Azerbaijan. |