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Loan portfolio of branches of Armenian banks in Karabakh amounted to 78,028.6mln drams as of October 1

STEPANAKERT, October 11. /ARKA/. Aggregate loan portfolio of branches of Armenia’s commercial banks in Nagorno-Karabakh rose by 12.4% to 78,028.6 million drams as of October 1, 2013, as compared with the same period of the year before.

Against the month before loan portfolio has dropped 0.7%, according to the National Statistical Service of Nagorno-Karabakh.

The share of foreign currency loans is 56.5% in the overall loan portfolio. Overdue loans constitute 1.5%.

Bank deposits attracted by the branches from clients amounted to 50,732 million drams as of October 1, an increase of 5.2% against the same period of the year before and a reduction of 0.4% compared to the month before.

According to the report, 74.6% of deposits are time deposits, 17.2% are call deposits and 8.2% are purpose deposits. ($1=407.50drams).–0–

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