Sat, 6 September
17.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian banks’ overdue loan investments up 24.2% to AMD 10.7 bln

YEREVAN, March 12. /ARKA/. Overdue loan investments of the Armenian banks shot up 24.2% to 10.7 billion drams late January 2013 compared with a month earlier, the Central Bank of Armenia said in its monthly news bulletin.

It said the share of overdue loan investments in total credit investments accounted for 0.7% in the reported month.

Short-term overdue loan investments stood at over 10.5 billion drams in January versus 8.4 billion drams in December , and long-term ones hit 201 million drams against 177 million.

Time loan investments rose by 0.71% to 1538,7 billion drams, or 96.1% of all credit investments.
Prolonged loan investments downed by 3.8% to about 52.2 billion drams, making up 3.3% of all credit investments.

The combined loan investments of Armenian commercial banks stood at nearly 1601,7 billion drams late January versus 1590,8 billion drams in December. Short-term lending accounted for 25.9% and long-term lending for 74.1%.($1 – 410.71 drams).—0-

spot_img

POPULAR

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

Changes made to compulsory motor liability insurance in Armenia

The Armenian Bureau of Motor Insurers has launched a new feature, as reported by the Central Bank of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Pashinyan discusses cooperation with Goldman Sachs President for Global Affairs

Armenian Prime Minister Nikol Pashinyan received  Friday Jared Cohen, President for Global Affairs at Goldman Sachs, one of the world's leading investment banks, the government press service reported.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img