YEREVAN, August 1. /ARKA/. Armenian commercial banks’ aggregate portfolio of overdue loans reached AMD 22.6 billion in late June after growing 5.9% over the month and made up 1.35% of their aggregate loan portfolio, the National Statistical Service of Armenia reports.
Short-term loans totaled AMD 22.2 billion and constituted 98.2% of the banks’ aggregate overdue loan portfolio.
Prolonged loans have grown 13.3% since the beginning of June to AMD 71 billion by the end of the month. Short-term loans here amounted to AMD 616 billion.
According to the statistical report, the aggregate loan portfolio of the country’s commercial banks amounted to AMD 1575.36 billion in late June after shrinking 0.8%, compared with late May.
Loans extended in foreign currencies totaled about AMD 998 million. ($1 – AMD 409.75). —0—-
