Wednesday, May 10 2017 18:06
Alina Hovhannisyan

The currency component in banks` credit portfolio of Armenia continues dominate

The currency component in banks` credit portfolio of Armenia continues dominate

ArmInfo. In the total credit portfolio (excluding prolonged and overdue loans) of the banking system of Armenia, the lion's share falls to the currency component - 62.7% or 1.425 trillion AMD. Annually, foreign currency credits increased by 8.3%, but only for the Q1 decreased by 2.1%. At the same time, AMD crediting accounts for 37.3% or 846.6 billion drams, with an annual growth of 28.6%, with a quarterly growth of 27%.

According to Armenian Central Bank data, presented to ArmInfo by National Statistics Service of Armenia, total extent of bank crediting  increased by April 2017 for 13.5% annually , with a quarterly growth of 0.4%, amounting to 2.422 trillion AMD. Without taking into account the prolonged and overdue credits , the credit investments of the Armenian banking system increased by 15% on an annual basis, and for the Q1 decreased by 0.4% to 2.272 trillion AMD.

The share of prolonged and overdue loans on  April 1, 2017 totaled respectively  4.35% and 1.39% (versus 5.34% and 2.13% a year earlier, and in the previous quarter 4.14% and 1.32%). Annually , the extent  of overdue credits  in Armenian banks decreased by 26.1%, forming 33.6 billion AMD on April 1 2017, while the prolonged ones decreased by 12.9% to 114 billion AMD. The quarterly growth of overdue and prolonged credits  was 20.1% and 3.1%, respectively.

According to statistics data, the average interest rate on AMD credits  by April 2017 formed at the level of 16.80%, versus 15.38% in the previous quarter and 19.11% a year earlier. The calculated exchange rate of the dram to the dollar was as of March 31, 2017. 483.45 AMD/$1.

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Exchange rates
24.09.2020
RUB6.28-0.08
USD485.32-0.10
EUR565.06-3.56
GBP618.490.36
CAD362.13-2.35
JPY46.06-0.18
CNY71.34-0.06
CHF524.33-3.70



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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000