Non-performing loans in Armenian banks decrease by 0.4 percentage points in 2016 May
12.07.2016 16:03
YEREVAN, July 12. /ARKA/. The share of non-performing loans in commercial banks of Armenia decreased by 0.4 percentage points in 2016 May from the previous month to 9.8%, the Central Bank said.
The share of non-performing loans began to rise from the second half of 2014, surging in December to 7% from 5-6%. The rise was prompted, in particular, by financial shocks stemming from sharp devaluation of the dram. The trend continued into 2015 as well.
From February to April 2016 the share of non-performing loans in commercial banks reached its maximum over the last 6 years. In April 2016, their share in total loan portfolio reached 10.2%.
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Non-performing loans in Armenian banks decrease by 0.4 percentage points in 2016 May
Tags: Armenia, bank @en, LOAN
Read more 
Overdue loans of Armenia’s banks grow by 1.7% to 47.1 billion drams
01.07.2016 21:54
At the end of 2016 May the overdue loans of Armenia’s banks were by 1.7% higher from the previous month standing at 47.1 billion drams, the National Statistical Service (NSS) said today
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Overdue loans of Armenia’s banks grow by 1.7% to 47.1 billion drams
Tags: Armenia, bank @en, LOAN
Read more
Central Bank chairman off to St. Petersburg for international banking congress
29.06.2016 22:14
The chairman of the Central Bank of Armenia Artur Javadyan has left for Russian St. Petersburg to participate in the 25th International Banking Congress
Views: 0
Categories: Banks @en, Exchange market, News, News of the hour |
Comments Off on Central Bank chairman off to St. Petersburg for international banking congress
Tags: Armenia, bank @en, Central Bank
Read more
Armenian banks bought about $94 million last week
28.06.2016 15:13
Armenia’s commercial banks bought a total of $93.9 million from the local foreign currency market on June 20- 24 at the average weighted exchange rate of 475.88 drams per one USD, the Central Bank said
Views: 0
Categories: Banks @en, General news, News |
Comments Off on Armenian banks bought about $94 million last week
Tags: Armenia, bank @en, Central Bank
Read more
Armenian banks buy $81.7 million at forex market on June 13-17
20.06.2016 20:18
Armenian commercial banks bought a total of $81.7 million at the local intra-bank forex market from 13 to 17 of June at the average weighted exchange rate of 477.30 drams per one USD, the Central Bank said today
Views: 0
Categories: Banks @en, Exchange market, News |
Comments Off on Armenian banks buy $81.7 million at forex market on June 13-17
Tags: Armenia, bank @en, Forex market
Read more
Central bank chairman says another bank merger expected
19.05.2016 14:47
Armenian Central Bank chairman Artur Javadyan announced today an imminent merger of two more banks when presenting the regulator’s report on the implementation of the 2015 monetary policy to parliament
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Central bank chairman says another bank merger expected
Tags: bank @en, Javadyan, MERGING
Read more
Interest rates on bank deposits in drams decreased in 2016 January
24.02.2016 16:19
Interest rates on bank deposits in Armenia’s national currency, the dram, decreased in 2016 January when compared to the previous month, while interest rates on deposits in USD grew, according to the Central Bank of Armenia data
Views: 0
Categories: Economy @en, General news, News, News of the hour |
Comments Off on Interest rates on bank deposits in drams decreased in 2016 January
Tags: Armenia, bank @en, Deposits, Interest rates, January, national currency
Read more
Total time deposits in Armenia-based commercial banks increased by 12.3% in 2015 to 1.282.2 trillion drams
17.02.2016 17:09
The total amount of time deposits in Armenia-based commercial banks increased by 12.3% in 2015 to 1.282.2 trillion drams, according to ARKA news agency’s financial and economic bulletin “Banks of Armenia” for the fourth quarter of 2015
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Total time deposits in Armenia-based commercial banks increased by 12.3% in 2015 to 1.282.2 trillion drams
Tags: Armenia, bank @en, Deposits
Read more
Armenia’s banks end 2015 with AMD 18.2 billion profits in 2015 showing 12.3% growth
25.01.2016 20:51
Armenia’s banks earned AMD 18.2 billion in net profits in 2015 against AMD 16.2 billion in 2014 showing 12.3% growth, according to a fresh issue of ARKA News Agency’s ‘Banks of Armenia’ Bulletin
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Armenia’s banks end 2015 with AMD 18.2 billion profits in 2015 showing 12.3% growth
Tags: AMD, Armenia, bank @en
Read more
Decline in Armenian banks' net profits caused by drop in their interest rate spread, CB chairman says
19.11.2015 18:55
The decline in Armenian banks’ net profits is caused by the drop in the banks’ interest rate spread, chairman of the Central Bank Arthur Javadyan said in an interview with ‘Zhamanak’ (Time) daily
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Decline in Armenian banks' net profits caused by drop in their interest rate spread, CB chairman says
Tags: Armenia, bank @en, profits
Read more
