Non-performing assets of Armenian banks in April stood at 5.38 percent

12.06.2013 15:38
Non-performing assets of Armenian banks in April stood at 5.38 percent

YEREVAN, June 12. / ARKA /. The share of non-performing resident assets and also assets written off from the banks’ balance sheets in April 2013 stood at 5.38 percent, up 0.54 percentage points from March, the Central Bank of Armenia said.

It said trade sector accounted for the highest proportion of non-performing assets in April - about 1.29% (in March it was 1.65%). It was followed by consumer loans - 0.91% (0.79% in March) and construction sector- about 0.67% (0.26% in March).

The share of non-performing assets in the manufacturing sector accounted for 0.68%, in agriculture – for 0.40%, in mortgage loans –for 0.42% and the public catering for 0.28%. No non-performing assets were reported by the financial sector. The total assets of 21 commercial banks at the end of April 2013 amounted to 2.5 trillion drams. ($ 1 - 411.94 drams). -0-


Read the news first and discuss them in our Telegram


Tags: , , Новости Армении АМИ Новости-Армения

Related Posts
Ranking of Armenian banks by size of assets in 20172018-01-23 18:32:06 Ranking of Armenian banks by size of assets in 2017
Non-performing assets of Armenian banks grow to 6.73 percent2017-10-13 18:55:22 Non-performing assets of Armenian banks grow to 6.73 percent
Ranking of Armenian banks by size of assets in 20162017-01-24 19:02:03 Ranking of Armenian banks by size of assets in 2016
Armenia’s banks end 1H2016 with slight growth of assets and decline in liabilities2016-07-21 14:33:17 Armenia’s banks end 1H2016 with slight growth of assets and decline in liabilities
Armenian central bank’s net domestic assets in march 2016 rose by 6.1% to about 422.2 billion drams2016-05-17 19:02:33 Armenian central bank’s net domestic assets in march 2016 rose by 6.1% to about 422.2 billion drams
Share of non-performing assets of banks rises to over 9 percent2016-04-11 19:13:39 Share of non-performing assets of banks rises to over 9 percent
Assets of Armenia’s banking system fell by 0.24% to 2,932 bln drams in Q12014-04-17 13:48:15 Assets of Armenia’s banking system fell by 0.24% to 2,932 bln drams in Q1
Non-performing loans and decommissioned assets of Armenian banks stood at 5.55 % in January2014-03-12 16:34:49 Non-performing loans and decommissioned assets of Armenian banks stood at 5.55 % in January
Net internal assets of armenian Central Bank drop by 4.8% to 246.2bln drams in November2012-12-13 18:39:56 Net internal assets of armenian Central Bank drop by 4.8% to 246.2bln drams in November

«
»