ArmInfo. In the total loan portfolio (excluding prolonged and overdue loans) of the Armenian banking system, the lion's share falls to the currency component - 59.6% or 1.619 trillion AMD. According to the Central Bank of Armenia, in the course of the year the foreign currency loans increased by 16.3%, and only for the first quarter - by 2.1%. AMD accounts for 35.6% or 967.7 billion AMD, with annual growth of 14.3%, and quarterly loans - 0.9%.
According to the source, the total volume of bank lending increased by April 2018 at 12.2% per annum, with a quarterly growth of 1.6%, amounting to 2.718 trillion AMD. Without taking into account the prolonged and overdue loans, the credit investments of the Armenian banking system increased by 13.9% on an annual basis, and by 1.6% in the first quarter, to 2.587 trillion AMD.
The share of prolonged and overdue loans as of April 1, 2018 were respectively 3.62% and 1.21% (against 4.83% and 1.39% a year earlier, and in the previous quarter 3.72% and 1.19%). On an annual basis, the volume of prolonged loans in Armenian banks decreased by 15.9%, to 1 April 2018, 98.5 billion drams, and overdue - 2% - 32.9 billion drams. At the same time, for the first quarter the prolonged loans decreased by 1.1%, with the growth of overdue loans by 3.7%.
According to statistical data, the average interest rate on AMD loans by April 2018 was formed at the level of 13.20%, against 13.26% in the previous quarter and 16.80% a year earlier. The calculated exchange rate of the AMD to the USD, as of March 30, 2018 is 480,06 AMD/USD1.
