Armenian commercial banks' loan portfolio grows 12% to AMD 1 840.9 billion in April 2014

05.06.2014 13:58
Armenian commercial banks' loan portfolio grows 12% to AMD 1 840.9 billion in April 2014

YEREVAN, June 5. /ARKA/. Armenian commercial banks' aggregate loan portfolio amounted to AMD 1 840.9 billion in April 2014 after growing 12%, compared with the same month a year before, the National Statistical Service of Armenia reports.

Loans extended in foreign currencies totaled AMD 1 058.8 billion and those extended in drams totaled AMD 653 billion (13.5% year-on-year growth).

Overdue loans totaled AMD 27.7 billion (62.3%) and made up 1.5% of the aggregate loan portfolio. Overdue short-term loans amounted to AMD 24.7 billion.

Banks' prolonged loans exceeded AMD 101.3 billion (71.6% growth). Short-term loans here amounted to AMD 58.9 billion. ($1- AMD 413.71). -0--


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