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Idle assets of Armenia’s commercial banks hit 5.28% in Feb 2013

12.04.2013 16:12

Idle assets of Armenia’s commercial banks hit 5.28% in Feb 2013

YEREVAN, April 12. /ARKA/. The share of idle and written- off assets of Armenia’s residents inched up by 0.95 p.p. in February from January to 5.28%, the Central Bank said Friday.

Commerce accounted for the highest number of idle assets  --nearly 1.14% (against 0.77% in January); consumer loans accounted for 0.9% (0.8% in January); construction –for 0.8% (0.25% in January).

At the same time, processing industry accounted for 0.68%, agricultural sphere –0.50%, mortgage lending -0.41%, catering –0.26%. There are no idle assets in financial sphere.
The aggregate  volume of the assets at Armenia’s commercial banks totaled 2546,7 billion drams as of late February 2013.

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Share of Armenian resident banks’ idle assets 4.33% in Jan 2013

11.03.2013 21:17

Share of Armenian resident banks’ idle assets 4.33% in Jan 2013

The share of Armenian resident banks’ idle assets and the assets written off from books was 4.33% in January 2013 – 1.03% year-on-year growth, the Central Bank of Armenia reports.

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