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Share of non-performing assets at Armenia’s commercial banks 3.94% in Dec 2013

YEREVAN, February 17. /ARKA/. The share of non-performing written-off assets of Armenian residents at Armenia’s banks was 3.94% in December 2013 – 1.36% less than in November, the Central Bank of Armenia says in its monthly bulletin.

Consumer loans’ share in non-performing assets was biggest – 1.8%, trade loans made up 0.68% of non-performing assets, the loans extended to the processing industry 0.56% and to construction about 0.45%.
The share of mortgage loans was 0.30%, that of the loans extended to the catering sector 0.17%, to agriculture 0.17% and to other areas 0.18%. There are no non-performing assets in the financial sector.

Armenian commercial banks assets totaled about AMD 2943.7 billion in late December 2013.

Twenty one commercial banks functioned in the country in late December 2013. ($1 – AMD 412.25).  –0–

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