Sun, 12 October
18.1 C
Yerevan
USD: 382.68 RUB: 4.71 EUR: 442.80 GEL: 141.21 GBP: 507.66

Idle assets of Armenia’s commercial banks total 4.42% in October

YEREVAN, December 17. /ARKA/. The share of idle and written off balances of banks assets of Armenia’s residents dropped 0.19 p.p. in October from September to 4.42%, the Central Bank said Monday.

The commerce accounted for the highest number of idle assets, nearly 0.99% (rise from September by 0.05 p.p.), consumer credits accounted for 0.71% (0.04 p.p. drop).

At the same time, processing industry accounted for 0.56% ( 0.37 p.p. down), construction – 0.48% (0.01 p.p. down), agriculture- 0.36% (0.12 p.p. up), mortgage- 0.35% (0.04 p.p. drop), catering – 0.28% (0.09 p.p. up), some other sectors- 0.27% (0.04 p.p. growth).

There are no idle assets in financial sphere.

The volume of the assets at Armenia’s commercial banks totaled 2345,7 billion drams as of 30 October 2012.

As of 30 October 2012 there are 21 commercial banks in Armenia. .($1 – 407.34 drams).—0–

spot_img

POPULAR

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

LATEST NEWS

spot_imgspot_imgspot_img