{"id":105741,"date":"2017-02-13T10:40:49","date_gmt":"2017-02-13T10:40:49","guid":{"rendered":"https:\/\/armbanks.am\/2017\/02\/13\/245914\/"},"modified":"2024-12-15T13:27:56","modified_gmt":"2024-12-15T13:27:56","slug":"share-of-armenian-banks-nonperforming-assets-shrinks-to-6-2-by-late-2016","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/02\/13\/105741\/","title":{"rendered":"Share of Armenian banks\u2019 nonperforming assets shrinks to 6.2% by late 2016"},"content":{"rendered":"<p><strong>YEREVAN, February 13. \/ARKA\/.<\/strong> The share of nonperforming and written-off assets of Armenia\u2019s banks has shrunk to 6.2% by late 2016 hitting the record low, the Central Bank of Armenia reports.<\/p>\n<p>Nonperforming assets were growing over the entire 2016 fluctuating between 8 and 9 percent.<\/p>\n<p>The share of residents\u2019 nonperforming and written-off assets was 6.13% in late 2016.<\/p>\n<p>Consumer loans dominated nonperforming assets with 1.27 percent \u2013 their share has grown 0.74 percentage points since the beginning of the year.<\/p>\n<p>Nonperforming assets in the processing industry made up 1.26% (0.16% growth) of the total nonperforming assets, assets in trade 0.86% (0.1% growth), in agriculture 0.52% (0.18% decline) and in construction 0.25% (0.2% decline).<\/p>\n<p>The financial sector has no nonperforming assets.<\/p>\n<p>The central bank says overdue loans amounted to AMD 31.9 billion in late 2016 after shrinking 15.6% since the beginning of the year.<\/p>\n<p>Commercial banks\u2019 assets totaled AMD 3 994.5 billion by the end of 2016. ($1 \u2013 AMD 486.66). \u20140&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The share of nonperforming and written-off assets of Armenia\u2019s banks has shrunk to 6.2% by late 2016 hitting the record low, the Central Bank of Armenia reports<\/p>\n","protected":false},"author":1,"featured_media":176670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,14372,466],"class_list":{"0":"post-105741","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-banks","11":"tag-nonperforming-assets","12":"tag-466"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=105741"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/176670"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=105741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=105741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=105741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}