Share of nonperforming assets at banks in Armenia reaches 8.23% by late June 2015

19.08.2015 16:16
Share of nonperforming assets at banks in Armenia reaches 8.23% by late June 2015

YEREVAN, August 19. /ARKA/. The share of nonperforming and written-off assets at banks in Armenia reached 8.23% in late June 2015 after growing 0.04 percentage points over that month and 2.05 percentage points since the beginning of this year, the Central Bank of Armenia says on its website.

According to the central bank, the share of residents' nonperforming and written-off assets here was 7.99%.

Consumer loans' share and the trade lending share were biggest in late June – 1.88% and 1.7% respectively.

The share of nonperforming assets in construction sector was 0.84%, in processing industry 0.79%, in agriculture sector 0.69% and in leisure and catering sector 0.61%. The mortgage lending share was 0.57%.

Commercial banks' assets totaled AMD 3 239.1 billion in late June 2015.

There were 21 registered commercial banks in Armenia in June 2015. ($1 – AMD 477.62). --0--


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