Yerevan/Mediamax/. Armenian commercial banks completed 2010 fiscal year with the profit of 30bln AMD.

Mediamax reports that Prime Minister Tigran Sargsian said this at the final session of the Armenian government today.

According to him, in 2010, the interest rates of crediting reduced, credits became affordable, the total sum of the credits, issued by banks, increased by 13bln AMD, as compared to 2009.

“This fact evidences that banks possess sufficient financial means”, Tigran Sargsian stated.