Non-performing and written-off assets of Armenian banks stood at 7.94% in late February

16.04.2015 22:38
Non-performing and written-off assets of Armenian banks stood at 7.94% in late February

YEREVAN, April 16. / ARKA /. Non-performing and written-off assets of Armenian banks stood at 7.94% at the end of February 2015, up 0.52 percentage points from the late January 2015, the Central Bank of Armenia said. It said non-performing assets of residents and their written-off assets stood at 7.70%.

The largest share of non-performing assets at the end of February was in trade sector- 1.52% (an increase of 0.06 percentage points from late January).

Non-performing assets in the construction sector stood at 1.12% (an increase of 0.10 percentage points), those in manufacturing industry stood at 0.67% (an increase of 0.04 percentage points). In agriculture their share was 0.77% (an increase of 0.04 percentage points).

Non-performing assets in catering stood at 0.30% (a decline of 0.04 percentage points), the share of non-performing assets in mortgage loans was 0.58% (an increase of 0.07 percentage points), in other industries it was 0.47% (a decline of 0.03 percentage points).

The share of non-performing assets in consumer credits increased from 1.64% in January 2015 to 1.69% in February 2015.

Total assets of 21 commercial banks as of February 28, 2015 stood at about 3.323.8 trillion drams. ($ 1 - 472.64 drams). -0-


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Tags: , , Новости Армении АМИ Новости-Армения

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