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  • Archive for August 28th, 2014

    Lenders in Armenia to be not allowed to change contractual interest rate more than twice a year

    Thursday, August 28th, 2014

    Lenders in Armenia will be not allowed to change the interest rate mentioned in the contract more than twice a year, Armenian Deputy Finance Minister Pavel Safaryan said Thursday at a regular Cabinet meeting where the ministers approved the National Assembly’s proposal to amend the country’s civil code and consumer lending law