YEREVAN, March 11. /ARKA/. The share of Armenian resident banks’ idle assets and the assets written off from books was 4.33% in January 2013 – 1.03% year-on-year growth, the Central Bank of Armenia reports.
The regulator posted on its website that consumer loans dominated idle assets with 0.8%in January 2013 against 0.58% in Jan 2012, and trade loans made up 0.77% of the idle assets in Jan 2013 against 0.65% in Jan 2012.
Processing enterprises’ idle assets belonging to commercial banks made up 0.69% of the banks’ idle assets, agriculture companies’ idle assets 0.49% and construction companies’ 0.25% in January 2013.
The share of idle mortgage loans was 0.36%, public catering 0.23% and other segments’ 0.23%.
There are no idle assets in the financial sector.
Commercial banks’ assets totaled AMD 2496.5 billion in late January 2013.
Twenty one commercial banks functioned in Armenia in late January 2013. ($1 – AMD 410.58). -0-
