ARMENIAN BANKING SYSTEM’S LOAN INVESTMENTS TOTAL AMD 586.6 BILLION BY AUGUST 1, 2008

ARKA
Oct 1, 2008

YEREVAN, October 1. /ARKA/. Armenian banking system’s loan investments
totaled AMD 586.6 billion by August 1, 2008 after growing 5.12 percent
over the month, National Statistical Service of Armenia reports.

According to the report, loans provided in foreign currency reached
AMD 221.6 billion by late August after growing 7.51 percent or by AMD
15.5 billion over the month. Loans given in Armenian drams reached
365 billion after growing 3.72% or by AMD 13.1 billon.

The statistical report says that total amount of prolonged loans
reduced by AMD 1.97 billion to AMD 3.7 billion.

Overdue loans totaled 5.2 billion after growing by AMD 961 million.

Total amount of the loans provided by Armenian banking system reached
AMD 595.5 billion by late August after growing 27.5 million over the
month. ($1 = AMD 302.12).