ArmInfo. Overdue loans of Armenian banks increased by 21% to 45.3 billion drams as of March 1 2016, according to data of the Central Bank provided to ArmInfo by the National Statistical Service of Armenia.
Roll over loans totaled 113.2 billion with a 12.1% y-o-y decline. Overdue loans accounted for 2.13% in total loan book (versus 1.8% a year before), with the roll over loans accounting for 5.35% (versus 6.22% a year ago).
Short-term loan in total overdue ones made up 55.4% while the remaining 44.6% were long-term ones - 25.1 bln drams and 20.2 bln drams, respectively.
Long term loans in roll over ones made up 80.4% or 91.6 bln drams, while short-term loans accounted for 19.6% or 22.2 bln drams of total. Bank loans in the country increased 2.2% y-o-y to 2.129 trillion drams as of March 1 2016. (Exchange rate for Feb 29 2016 totaled 491.34 AMD/ 1 USD).