STEPANAKERT, May 5. /ARKA/. The aggregate loan portfolio of Armenian commercial bank’s branches in Nagorno-Karabakh Republic has grown 17.2% since May 1, 2014 to AMD 86688.1 million by the same date of this year.
According to the report posted at the website of the Nagorno Karabakh Republic’s National Statistical Service, the aggregate loan portfolio of Armenian commercial banks’ branches in Nagorno Karabakh shrank 11.2% over one month.
Loans extended in foreign currencies make up 64.8% of the loan portfolio, and the share of overdue loans here is 1.2%.
The National Statistical Service of Nagorno-Karabakh Republic says deposits in the banks’ branches totaled AMD 56426.4 million on May 1, 2015 showing 2.1% year-on-year growth and 4.3% month-on-month decline.
Time deposits constitute 71.5% of the aggregate deposits, demand deposits 19.5% and target deposits 9%. —-0—–
