Armenian banks’ overdue loans drop by 4 percent to 32.9 billion drams

07.05.2018 17:22
Armenian banks’ overdue loans drop by 4 percent to 32.9 billion drams

YEREVAN, May 7. /ARKA/. Armenian banks’ overdue loans dropped by 4.1% at the end of March 2018 when compared to the previous month to 32.9 billion drams, according to the National Statistical Service (NSS).

According to NSS, the share of short-term overdue loans fell by 8.9% to 10.5 billion drams, while the share of long-term loans fell by 1.7% to 22.3 billion drams. The amount of extended loans decreased by 10.1% to 98.5 billion drams.

Credit investments in March grew by 2.7% to 2.587.4 trillion drams - loans in foreign currency increased by 2.9% to the equivalent of 1.619.6 trillion drams and loans in drams rose by 2.2% to 967. 7 billion drams.

In late March, the aggregate loans of Armenian banks totaled 2.718.8 trillion drams. ($ 1 - 485.37 drams) -0-


Tags: , , Новости Армении АМИ Новости-Армения

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