YEREVAN, November 7. / ARKA /. In late September Armenian commercial banks’ overdue loans were 0.83 percent down from the previous month standing at 27.69 billion drams, making 1.46% of total loans, according to the latest numbers, released today by the National Statistical Service (NSS).
Some 84.3% of overdue loans or about 23.35 billion drams were short-term loans.

At the same time, extended loans in the reporting period of time amounted to about 120.79 billion drams, having increased by 4.3%. Of that amount about 42.8 billion drams were short term loans, according to the NSS.

Credit investments of the banks as of late September were said to have amounted to about 1.8 trillion drams, a 0.5% increase from the previous month. Some 1.081 4 trillion drams were loans in foreign currencies.

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Tags: COMMERCIAL BANKS, LOANS, September

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Monetary base in Armenia shrank 1.7% in September 2014, compared with August, to AMD 718.8 billion, National Statistical Service reports referring to the figures received from the Central Bank of Armenia

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Tags: Monetary base, September

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Armenian insurance sector’s loss rate on car insurance was 58% in September 2014 against 57% in August 2014, the Car Insurers Bureau of Armenia reports on its website

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Aggregate investments in Armenian government bonds grew by 2.2% to 275.9bln drams in September as compared to August, the central bank’s monthly handbook for September says

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Tags: GOVERNMENT BONDS, INVESTMENTS, September

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Armenia’s total public debt on October 1, 2013 stood at $5.029.8 billion, according to the National Statistical Service (NSS)

Categories: Economy @en, General news, News, News of the hour | Comments Off on Armenia’s total public debt on October 1 stood at $5.029.8 billion, an increase of 16.3 % from September- NSS.

Tags: ECONOMICGROWTH, government debt, September

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Armenian monetary base fell by more than 793mln drams or 0.1% and totaled about 603.8bln drams by the end of September 2012 as

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Tags: Armenia, MONEYBASE, September

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