Armenian business people not enthusiastic about idea of attraction of loans in Russian rubles

18.11.2016 16:31
Armenian business people not enthusiastic about idea of attraction of loans in Russian rubles

YEREVAN, November 18. /ARKA/. The idea of attraction of loans in Russian rubles has aroused little enthusiasm among Armenian business people, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly.

He said that commercial banks have offered loans in Russian rubles to entrepreneurs and negotiations have been held with Russian partners at the national level.

In his words, entrepreneurs were not inspired with this offer because of high interest rates.

“Besides, Russia’s currency is being stabilized now and it would be better for our economic entities not to run additional risks,” Javadyan said. --0---


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