Armenian Banks’ Aggregate Overdue Loans Grow 8.2% to AMD 5.1 Billion

06.08.2010 17:37
Armenian Banks’ Aggregate Overdue Loans Grow 8.2% to AMD 5.1 Billion

YEREVAN, August 6. /ARKA/. Aggregate overdue loans extended by Armenian banks amounted to AMD 5.1 billion in late June after growing 8.2%, compared with May, the Central Bank of Armenia says in the monthly report placed on its official website.

Overdue loans made up 0.6% of banks’ aggregate credit portfolio in June, just as in May.

Time loans grew 1.9% in June, compared with May, reaching AMD 766.9 billion and making up 95.2% of total credit investments.

Prolonged credit investments reached AMD 33.6 billion by late June after growing 4% over this month, compared with May, and made up 4.2% of the banks’ credit portfolios.

Commercial banks’ aggregate credit investments grew 2% to AMD 789.8 billion.

Short-term investments made up 25.9% of this amount and long-term 74.1%. ($1 = AMD 366.89). –0--


Tags: , , Новости Армении АМИ Новости-Армения

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