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

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.18 points to 363.34 drams on September 28, compared to September 25.

Central Bank of Armenia will issue a commemorative silver coin for the COP17 conference

On October 5, Armenia will issue a commemorative silver coin titled "COP17," dedicated to the 17th Conference of the Parties to the UN Convention on Biological Diversity, the Central Bank of Armenia’s press service reports.

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

LATEST NEWS

spot_imgspot_imgspot_img