Credit portfolio of Armenian banks’ branches in Nagorno-Karabakh falls by 1.5 percent to 9.6 billion drams
06.02.2015,
18:19
The credit portfolio of Armenian banks’ branches in Nagorno-Karabakh Republic (NKR) stood at 9.6 billion drams as of February 1, 2015, a 1.5% decrease from the year before, NKR National Statistical Service said. It said compared with the 2015 January, the portfolio was down by 2.7%.
YEREVAN, February 6. / ARKA /. The credit portfolio of Armenian banks’ branches in Nagorno-Karabakh Republic (NKR) stood at 9.6 billion drams as of February 1, 2015, a 1.5% decrease from the year before, NKR National Statistical Service said. It said compared with the 2015 January, the portfolio was down by 2.7%.
Some 64.8% of the portfolio was loans in foreign currency, while the share of overdue loans was 2.1%.
As of February 1, 2015 the amount of bank deposits stood at 56 billion drams. The figure represented a 20.6% decline from 2014 February. When compared to January this year, the total amount of deposits in the branches was down 4.5%.
According to NKR National Statistical Service, 71.8% of deposits were term deposits, 19.2% were demand deposits and 9% were target deposits. ($ 1 - 477.46 drams). -0-
