YEREVAN, October 3. /ARKA/. Overdue loans at Armenia’s banks grew 1.4% in August 2016, compared with the previous month, to AMD 46.7 billion, the National Statistical Service of Armenia reports.
Loans with short-term delay in repayment shrank 0.4% over one month to AMD 20.8 billion in late August, while those with long-term delay grew 2.9% to AMD 26 billion.
Loans with prolonged repayment deadline shrank 2.1% to AMD 112.3 billion.
The banks’ aggregate credit exposure grew 0.9% to AMD 2 030.7 billion – loans in foreign currencies grew 1.3% to AMD 1 351.3 billion and loans in drams grew 0.1% to AMD 679.4 billion.
The banks’ aggregate loan portfolio amounted to AMD 2 189.7 billion in late August showing a 0.8% month-on-month growth. ($1 – AMD 474.46). —0—-
