STEPANAKERT, July 8. / ARKA /. The aggregate loan portfolio of Armenian commercial banks’ branches in Nagorno-Karabakh Republic has shed 4.6% since early July 2013, but grew 0.8% since early June 2014 reaching AMD 75338.6 million by July 1, 2014, the National Statistical Service reports.
Lending in foreign currencies made up 53.8% of the loan portfolio, and the share of overdue loans here is 1.3%.
Deposits in Armenian banks’ branches in Nagorno Karabakh totaled AMD 54343.4 million in early July 2014 after growing 6.4% over one year but contacting by 1.8%, compared with the previous month.
According to the report, time deposits made up 68.5% of aggregate amount of deposits in the branches, demand deposits 23.2% and targeted deposits 8.3%. —-0—–
