08.06.2010 21:10
YEREVAN, June 8. /ARKA/. Problematic loans made up 6.5% of the credit portfolio of VTB Bank (Armenia) in Jan-March 2010, Mher Grigoryan, a member of the bank’s directorial board, said at a news conference on Monday.
“Now this figure is smaller,” he said adding that this indicator has been lowering since January by 1.5% every month.
Grigoryan also said that problematic retail loans in the bank’s credit portfolio made up about 10% in late March and is expected to reduce to 7% by late June.
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