YEREVAN, June 10. /ARKA/. Overdue credit investments of banking system of Armenia are 4.2 billion drams in April 2011 increased by 13%, states monthly bulletin of CBA for April 2011.
Weighted average of overdue credits in total volume of credit investments of the banks is 0.4%.
Urgent credit investments increased at the end April increased by 12% making 999.9 billion drams or 95.7% of all credit investments compared with the indicator of December 2010. Prolonged credit investments are over 41.1 billion drams reduced by 10.4% at the beginning of the year making 3.9% of credit investments of the banking system.
Total volume of credit investments of commercial banks of Armenia are about 1 045.3 billion drams at the end of April vs. 941.5 billion drams at the end of December 2010 – increase by 11%. Short-term investments are 25.3%, long-term investments – 74.7%. ($1 – 376.63 drams). -0-
