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Overdue loans of Armenian Commercial Banks rose to 23.6 bln drams in August

02.10.2013 14:15

Overdue loans of Armenian Commercial Banks rose to 23.6 bln drams in August

YEREVAN, October 2. /ARKA/. Overdue loans of Armenian commercial banks surged by 1.49% in August compared to July, to 23.6 billion drams or 1.41% of total lending, ArmStat reported.

About 97.8% of this or about 23.1 billion drams were short-term loans.

Extended loans amounted to 81.3 billion drams in the period, a reduction of 1.2%, of which 68.2 billion drams were short-term loans.

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