YEREVAN, April 16. / ARKA /. Non-performing and written-off assets of Armenian banks stood at 7.94% at the end of February 2015, up 0.52 percentage points from the late January 2015, the Central Bank of Armenia said. It said non-performing assets of residents and their written-off assets stood at 7.70%.
The largest share of non-performing assets at the end of February was in trade sector- 1.52% (an increase of 0.06 percentage points from late January).
Non-performing assets in the construction sector stood at 1.12% (an increase of 0.10 percentage points), those in manufacturing industry stood at 0.67% (an increase of 0.04 percentage points). In agriculture their share was 0.77% (an increase of 0.04 percentage points).
Non-performing assets in catering stood at 0.30% (a decline of 0.04 percentage points), the share of non-performing assets in mortgage loans was 0.58% (an increase of 0.07 percentage points), in other industries it was 0.47% (a decline of 0.03 percentage points).
The share of non-performing assets in consumer credits increased from 1.64% in January 2015 to 1.69% in February 2015.
Total assets of 21 commercial banks as of February 28, 2015 stood at about 3.323.8 trillion drams. ($ 1 – 472.64 drams). -0-
