Armbusinessbank annuls credit obligations of soldiers killed in Nagorno-Karabakh

07.04.2016 20:29
Armbusinessbank annuls credit obligations of soldiers killed in Nagorno-Karabakh

YEREVAN, April 7. /ARKA/. Armenian Armbusinessbank Board of Directors has decided to annul all credit obligations of servicemen who were killed in the latest upsurge of violence in Nagorno-Karabakh provoked by Azerbaijan, and also the obligations of their families.

"In view of the latest hostilities in the Nagorno-Karabakh conflict zone and their consequences and  commending the selfless patriotism of the heroes of the Armenian nation during the battles to protect our  land and our  own people from the enemy's offensive, the Board of Directors of  Armbusinessbank in the person of  chairman Arsen Mikaelian, made a decision today to  annul all the credit obligations of the servicemen killed in the hostilities from April 1 to April 7 and also the credit obligations of their  families," the bank said in a statement.

Earlier Prime Minister Hovik Abrahamyan said the government would consider subsidizing loans provided to families of the killed servicemen, as well as university tuition fees of soldiers currently serving on the front lines. -0-


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