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Share of nonperforming and written down assets at Armenian banks 5.76% in June 2014

YEREVAN, August 14. /ARKA/. The share of nonperforming and written down from Armenian banks’ balances assets was 5.76% in June 2014 – 0.21 percentage points less than in May 2014, the Central Bank of Armenia reports on its official website.

Residents’ nonperforming and written down assets had 5.68% here. Consumer loans’ share was 1.54% and processing industry’s 0.79%.

Nonperforming assets in trade sector made up 0.76%, in construction 0.57%, mortgage lending 0.48% and in other segments 0.48% of the total nonperforming assets.

The share of the finance sector’s nonperforming assets was 0.01% in June 2014.

Commercial banks’ assets totaled AMD 2923 billion by June 30, 2014.

Twenty one commercial banks operated in Armenia in late June 2014. ($1 – AMD 411.32) . –0–

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