YEREVAN, May 7. /ARKA/. The share of non-performing and written-off from banks’ balances assets was 7.41% in late March 2015 after shrinking 0.53 percentage points over one month, the Central Bank of Armenia reports on its website.
The share of non-performing and written-off assets of Armenia’s residents was 7.18% in late March.
Consumer loans constituted the bulk of non-performing and written-off assets reaching 1.76% (0.07% growth).
Trade made up 1.51% here (0.01% decrease), construction 1.01% (0.11% decrease), processing industry 0.69% (0.02% growth) and agriculture 0.65% (0.12% decrease).
There are no non-performing assets in the financial sector.
Commercial banks’ aggregate assets amounted to AMD 3 264.8 billion in late March.
Twenty one commercial banks operated in Armenia in March 2015. ($1 – AMD 480.96). –0–
