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Share of overdue loans drops to record low 0.85% in Armenia

10.02.2020 18:35

Share of overdue loans drops to record low 0.85% in Armenia

YEREVAN, February 10. /ARKA/. The share of overdue loans in 2019 dropped to the record low 0.85% of the total lending, Armenian Prime Minister Nikol Pashinyan wrote in a Facebook post.

"This dynamics testifies to the strengthening stability of Armenia's banking system and improving solvency of our citizens," the prime minister said.

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Share of Armenian resident banks’ idle assets 4.33% in Jan 2013

11.03.2013 21:17

The share of Armenian resident banks’ idle assets and the assets written off from books was 4.33% in January 2013 – 1.03% year-on-year growth, the Central Bank of Armenia reports.

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