YEREVAN, January 17./ARKA/. Overdue loan  investments of the Armenian banks dropped 12.6% to 10.3 billion drams in late November 2012 compared with a month earlier, the Central Bank of Armenia said in its monthly information bulletin for November  2012.

It said the share of overdue loan investments in total credit investments accounted for 0.7% in late November.

Short-term overdue loan investments  stood at over 12.2 billion drams in November  versus 11.6 billion drams in October , and long-term ones hit 153 million drams against 182 million drams.
Time loan investments  rose by 1.5% in November from October  to 1510,7 billion drams, or 97.3% of all credit investments.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenian banks’ overdue loan investments down 12.6% to AMD 10.3 bln

Tags: Banks, overdue loan

Read more