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

Inflation of 4.4% recorded in Armenia in August

In the Armenian consumer market, 12-month inflation in August of this year amounted to 4.4%, according to a report from the Statistical Committee of Armenia.

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

Armenian Genocide Museum-Institute Refurbished

With the support of the Stepan Gishyan Charitable Foundation, the Armenian Genocide Museum-Institute has received 120 radio guides and 45 new audio guides.

Up to AMD 1 billion in business financing: Byblos Bank Armenia’s new offer

Byblos Bank Armenia is offering preferential terms for businesses seeking financing or refinancing, including:

LATEST NEWS

spot_imgspot_imgspot_img