Combined credit portfolio of Armenian banks’ branches in Nagorno-Karabakh 2.6% higher from a year before

13.01.2016 19:00
Combined credit portfolio of Armenian banks’ branches in Nagorno-Karabakh 2.6% higher from a year before

STEPANAKERT, January 13. /ARKA/. On January 1, 2016 the combined credit portfolio of Armenian banks’ branches operating in the Nagorno-Karabakh Republic (NKR) were by 2.6% higher from a year before standing at 100.1 billion drams.

According to the NKR National Statistical Service, the overall lending was by 9.9% higher from the previous month. It said also 72.7% of the portfolio were loans in foreign currency. The share of overdue loans was 1%.

As of January 1, 2016, the amount of private deposits was by 4.6% higher from a year before standing at 61.4 billion drams. About 72.3% of deposits were term deposits, 18.8% were demand deposits and 8.9% were special deposits. -0-


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