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Share of Armenian banks’ nonperforming assets shrinks to 6.2% by late 2016

13.02.2017 14:40

Share of Armenian banks’ nonperforming assets shrinks to 6.2% by late 2016

YEREVAN, February 13. /ARKA/. The share of nonperforming and written-off assets of Armenia’s banks has shrunk to 6.2% by late 2016 hitting the record low, the Central Bank of Armenia reports.

Nonperforming assets were growing over the entire 2016 fluctuating between 8 and 9 percent.

The share of residents’ nonperforming and written-off assets was 6.13% in late 2016.

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Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Share of Armenian banks’ nonperforming assets shrinks to 6.2% by late 2016

Tags: Armenia, Banks, nonperforming assets

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