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–

spot_img

POPULAR

IMF enables Armenia’s  access to about US$25.1 million under new SBA

The Executive Board of the International Monetary Fund (IMF) said it has completed the first review under the Stand-By Arrangement (SBA) with Armenia.

EBRD to provide $20 million to support refugees and young entrepreneurs in Armenia

The EBRD will provide $20 million (€17.1 million) to improve access to finance for refugees and young entrepreneurs in Armenia, the EU Delegation to Armenia announced on Facebook.

Special conditions for business development: ACBA Bank

ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.

Wildberries and Unibank in Armenia Launch Installment Purchase Service

Wildberries, in partnership with Unibank, will provide customers in the Republic of Armenia with the opportunity to purchase goods in installments.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 9, 2026, fell by 0.08 points compared to June 8, to 368.45 drams.

LATEST NEWS

spot_imgspot_imgspot_img