Tue, 8 July
31.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

Non-performing loans and decommissioned assets of Armenian banks stood at 5.55 % in January

YEREVAN, March 12. / ARKA /. Non-performing loans and decommissioned assets of Armenian banks in January 2014 stood at 5.55 %, up 1.54 percentage points from December 2013, the Central Bank of Armenia says in a statement posted on its website.

Resident non-performing loans and decommissioned assets stood at 5.46 %.

Consumer credits accounted for the largest proportion of non-performing assets – 1.35 %, up from 1.08 % in 2013 December. The trade sector accounted for about 0.98 % of non-performing assets, up from 0.68 % in December.

The share of non-performing assets in the manufacturing sector was 0.87 %, in the construction sector it 0.57 % , mortgage lending – 0.40 % and in other sectors it was 0.29%.

The financial sector did not have non-performing assets. Total assets of 21 Armenia-based commercial banks on December 31, 2013 were worth 2. 943.7 trillion drams, according to the statement. ($ 1 – 414.90 drams). -0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Average settlement exchange rate of the dram to the dollar in June was 1% lower than a year ago

In June 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 384.2 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Armenia takes first step toward regulating crypto assets

On Thursday, the National Assembly of Armenia approved in the second and final reading a draft law On Crypto Assets and amendments to a number of related laws.

LATEST NEWS

spot_imgspot_imgspot_img