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

30 years at the center of events: ARKA news agency’s anniversary

Thirty years is more than just a date. It represents thousands of news stories, tens of thousands of hours of work, hundreds of people, ideas, meetings, events, and decisions that ARKA has experienced together with its country, team, readers, and partners.

Armenia plans to increase the dividend tax for bank shareholders to 15%

At a meeting on Thursday, the Armenian government approved amendments to the Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

LATEST NEWS

spot_imgspot_imgspot_img