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Aggregate loan portfolio of Armenia’s banks in Nagorno-Karabakh Republic built up17.7% to AMD 87973 million

STEPANAKERT, June 8. /ARKA/. The aggregate loan portfolio of Armenia’s banks in Nagorno-Karabakh Republic has grown 17.7% since early June 2014 to AMD 87973 million by early June 2015, the National Statistical Service of Nagorno-Karabakh Republic reports on its official website.

According to the statistical report, the portfolio’s month-on-month growth was recorded at 1.5% in early June 2015.

Lending in foreign currencies made up 67.7% of the loan portfolio and the share of overdue loans here was 1.3%.

The deposits attracted by the banks’ branches in Karabakh totaled AMD 56469.5 million in early June 2015 after growing 2% over one year and 0.1% over one month.

Time deposits constituted 73.5% of the branches’ aggregate deposit portfolio, demand deposits 17.5% and targeted deposits 9%. ($1 – AMD 476.86). –0–

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