Loan portfolio of Armenian banks’ branches in Karabakh reaches 56.6 billion drams

07.12.2011 14:49
Loan portfolio of Armenian banks’ branches in Karabakh reaches 56.6 billion drams

YEREVAN, December 7. /ARKA/. The overall outstanding credit portfolio of Armenia-based banks’ branches in Nagorno-Karabakh Republic (NKR) increased by 41.7% in the first 11 months of the outgoing year to 56.5 billion drams.

Compared to October the lending grew by 5.6%, according to the National Statistical Service of the NKR, which said that 54.3% of the lending was in foreign currency. The share of overdue loans amounted to 0.5%.

As of December 1, 2011, the amount of deposits amounted to 40.6 billion drams, having increased by 10.5% over the same period last year and by 5.5% as compared with the previous month.

The agency said also that 64.6% of all deposits were time deposits, 27.2% call deposits and 8.2% special deposits. ( 1 - 383.24 AMD). –0--


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