Overdue loans at Armenia’s banks grow 3.3% in February to AMD 33.6 billion

05.04.2017 14:40
Overdue loans at Armenia’s banks grow 3.3% in February to AMD 33.6 billion

YEREVAN, April 5. /ARKA/. Overdue loans at Armenia’s banks have grown 3.3% over February 2017 to AMD 33.6 billion, the National Statistical Service reports.

Short-term loans have shrunk 7.2% over one month to AMD 15.2 billion, while long-term loans have grown 14% to AMD 18.3 billion.

Loans with prolonged terms totaled AMD 104.3 billion in late February after growing 0.4% over the month.

According to the official statistical report, credit exposure totaled AMD 2 260.2 billion showing a 0.68 month-on-month growth. Loans in drams grew 0.25% to AMD 816.5 billion and loans in foreign currencies 0.9% to AMD 1 443.6 billion.

Aggregate lending has grown 0.7% to AMD 2 398.2 billion. ($1- AMD 483.83). --0----


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