Mon, 8 December
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Yerevan
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Daily Archives: Jul 1, 2015

Nonperforming loans make up 9.1% of Armenian banks’ aggregate loan portfolio in late April 2015

Nonperforming loans made up 9.1% of Armenian banks’ aggregate loan portfolio in late April 2015 after growing 0.8 percentage points over one month

Private transfers to Armenia fell by 34.9% to about $302.2 mln in January-April

Private transfers to Armenia through the country’s banking system amounted to about $302.2 million in January-April 2015

IMF sees no problem in consolidation of Armenian banks

Armenia’s banking system is very stable, yet banks are influenced by the slowdown in the regional economy, IMF Director of Middle East and Central Asia Masood Ahmed said.