Annual Report 2019
CENTRAL BANK OF ARMENIA
The share of non-performing loans and receivables ("watched",
"non-standard” and “doubtful” risk categories) amounted to 5.1% in
total loans and receivables.
Figure 5:
Financial intermediation in the banking
system
100 %
90 %
80%
70%
60%
50%
40 %
30%
20%
10%
36
0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2109
Loans/GDP
Deposits/GDP
Assets/GDP
Key indicators of other financial system participants have grown
as well. In particular:
Credit organizations' equity has grown by 11.2%, liabilities by
46.5%, assets by 27.9%;
Insurance companies' equity has grown by 9.8%, liabilities by
41.1%, assets by 29.5%;
Investment firms' total equity has grown by 23.0%, liabilities
by 9.7%, assets by 12.2%.
Net assets of mandatory pension funds managed by asset
managers have grown by 59.8% to AMD 251 billion. At the end of
the year, the net assets-to-GDP ratio of pension funds reached 3.8%.
ANNUAL REPORT 2019View entire presentation