Sat, 29 November
-0.9 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

Share of non-performing assets at Armenian banks reaches 6% in October

YEREVAN, December 11. /ARKA/. The share of non-performing and written out from banks’ balances assets reached 6% in October 2014 after growing 0.12% over one year, the Central bank of Armenia reports at its official website.

The share of residents’ non-performing and written out assets was 5.89% in October 2014.
Consumer loans’ share was biggest here – 1.47%.

Trade accounted for 1.06%, construction for 0.8% and processing industry 0.58%.
There are absolutely no non-performing assets in the financial sector.

Commercial banks’ aggregate assets totaled AMD 2 975.9 billion in late October 2014.
Twenty one commercial banks operated in Armenia in late October 2014. ($1 – AMD 457.31). — –0––

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img