YEREVAN, July 2. /ARKA/. Armenian commercial banks’ overdue loan portfolio made up 1.28% of their aggregate loan portfolio and amounted to AMD 21.3 billion in late May 2013 after growing of the after growing 24.8% over the month, the National Statistical Service of Armenia reports.
According to the report, short-term loans made up about 98.5% of the overdue loans.
Prolonged loans grew 6.1% to about AMD 62.6 billion, of which AMD 53 billion is short-term loans.
Armenian banks’ aggregate loan portfolio amounted to AMD 1588.8 billion after growing 1.3% in May, compared with April. Loans extended in foreign currencies totaled about AMD 1 billion. ($1 – AMD 409.87). —0—-
