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Tag: asset

Bad assets at Armenia’s banks continue growing – Bagrat Asatryan

Bad assets at Armenia's banks will continue growing, Bagrat Asatryan, a former head of the Central bank of Armenia, said in an interview with ARKA News Agency

Share of nonperforming assets at banks in Armenia reaches 8.23% by late June 2015

The share of nonperforming and written-off assets at banks in Armenia reached 8.23% in late June 2015 after growing 0.04 percentage points over that month and 2.05 percentage points since the beginning of this year, the Central Bank of Armenia says on its website

Armenia-based banks’ average returns on assets falls to 0.27% in quarter one

Armenian commercial banks’ average return on assets (ROA) index, showing a company’s efficiency in making profits from its assets, fell to 0.27% in the first quarter of 2015 from 0.91% in late December 2014

Idle assets of Armenia’s commercial banks hit 6.15% at end 2014

The portion of idle and written- off assets rose by 2.14 percentage points to 6.15% in Armenia as of the end of 2014 compared to 2013, the Central Bank reported

Around 18% of Armenian banks’ assets lent to companies engaged in export and import transactions

Around 380 billion drams or about 18% of Armenia-based commercial banks’ assets are lent to companies engaged in export and import transactions, deputy chairman of the Central Bank of Armenia Nerses Yeritsyan told reporters today

Non-performing assets of Armenian banks stood at 5.94% in late July

Non-performing assets of Armenian banks as well as assets they have written off from their balance sheets stood at 5.94% in late July, up 0.61 percentage points when compared to late June, the Central Bank of Armenia said today