Share Of Armenian Banks’ ‘Bad’ Loans Is 4.8%, Imf Resident Representative
02.12.2010
YEREVAN, December 2, /ARKA/. The share of Armenian banks’ ‘bad’ loans is about 4.8%, the International Monetary Fund (IMF) Resident Representative to Armenia, Guillermo Tolosa said today.
He said the situation with ‘idle’ loans in Armenia is better than in many other countries of the Caucasian and Central Asian regions, where their share is very high.
Speaking at a forum on global and regional economic developments, he said the share of bad loans in Kazakhstan’s overall loan portfolio is 25.8%.
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Categories: Banks, General news, News, News of the hour |
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Tags: Armenia, bank, IMF, LOANS
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IMF May Revise Its Forecast For Armenian Economic Growth In 2010
02.12.2010
The IMF Resident Representative to Armenia, Guillermo Tolosa said today that IMF may revise its forecast for Armenian economic growth in 2010
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IMF: Armenia’s government budget deficit ratio to GDP to be below 3% in 2012
30.09.2010
Ratio of Armenia’s government budget deficit to gross domestic product may be lower than 3% in 2012.
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Davtyan: IMF facilitates credit terms for Armenia
23.07.2010
International Monetary Fund (IMF) facilitates credit terms for Armenia by increasing redemption of anti-crisis credits twice, said Armenian Minister of Finance Tigran Davtyan.
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Tags: Armenia, Credit, Davtyan, IMF
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IMF: Armenia to reach 1.8% economic growth in 2010
09.04.2010
On Friday, Guillermo Tolosa, IMF resident representative in Armenia, answering the question ARKA News Agency put to him at a news conference, said Armenia would have 1.8% economic growth in 2010.
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IMF completes third review under stand-by arrangement for Armenia and approves $73.6 million disbursement
30.03.2010
The Executive Board of the International Monetary Fund (IMF) completed March 29 the third review of Armenia’s economic performance under a program supported by a Stand-By Arrangement (SBA).
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IMF finds six percent deficit-to-GDP ratio planned in Armenia’s 2010 state budget realistic
18.02.2010
The six percent deficit-to-GDP ratio planned in Armenia’s 2010 state budget is quite realistic, Mark Lewis, the head of International Monetary Fund’s mission in Armenia said.
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IMF outlook: Armenia to record 6% inflation in 2010
18.02.2010
Armenia will record 6% inflation in 2010, Mark Lewis, the head of International Monetary Fund’s mission in Armenia, said Wednesday at a news conference.
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Tags: Armenia, IMF, INFLATION
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IMF: Armenia faces no threat of double-dip crisis
18.02.2010
On Wednesday, Mark Lewis, the head of International Monetary Fund’s mission in Armenia, told ARKA News Agency that he found double-dip crisis in Armenia unlikely.
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