YEREVAN, September 7. / ARKA /. The share of non-performing assets and assets written off by banks from their balance sheets decreased by 0.49 percentage points in July to 7.74%, according to the monthly bulletin of the Central Bank of Armenia.
According to the regulator, the share of non-performing assets of residents and assets written off by banks from their balance sheets amounted to 7.48%.
Consumer loans accounted for the highest percentage of non-performing assets at the end of July – 1.8%, while trade loans accounted for 1.77%.
The share of non-performing assets in the manufacturing industry stood at 0.86%, in construction sector- at 0.85%, in entertainment and catering sector- at 0.62%; in mortgage lending they stood at 0.6% and in agriculture – 0.38%.
The total assets of 21 commercial banks in Armenia at the end of July 2015 were worth a little over 3.3 trillion drams. ($ 1 – 485.43 drams). -0-
