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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––

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