Fri, 4 July
20.1 C
Yerevan
USD: 384.46 RUB: 4.89 EUR: 453.47 GEL: 141.43 GBP: 525.21

Tag: credit losses

Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams

In the first quarter of 2017 Armenia-based commercial banks increased their reserves for possible credit losses by 18.9 billion drams or 22.7% from the year before to 102.7 billion drams