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  • Archive for August 1st, 2018

    Unibank downs rates on mortgage loans

    Wednesday, August 1st, 2018

    Unibank has improved terms on mortgage loans by downing interest rates on a number of lending products, the press office of the bank reported on Wednesday

    Armenia’s total public debt down by $50.2 million in one month

    Wednesday, August 1st, 2018

    Armenia’s total public debt stood at $6.704.2 billion at the end of June 2018, having decreased by 0.74% or $50.2 million from the previous month, the National Statistical Committee (NSC) reported

    Converse Bank reduces interest rates on several types of mortgage loans

    Wednesday, August 1st, 2018

    The Yerevan-based Converse Bank said today it has revised the lending terms as part of the Affordable Housing for Youth program, as well as the terms of refinancing with the funds of the National Mortgage Company, reducing the interest rates

    Araratbank cuts interest rates on mortgage loans

    Wednesday, August 1st, 2018

    The Yerevan-based Araratbank has announced a 1% cut in the interest rates on mortgage loans from July 31. It said in a news release that mortgage loans in Armenian drams are provided at 10% interest rate and a repayment period of 20 years

    A total of $ 23.7 billion remitted to Armenia in 2004-2017

    Wednesday, August 1st, 2018

    A total of $23.7 billion were remitted to Armenia in 2004-2017 as individual money transfers through the banks, of which $18.2 billion were money transfers for non-commercial purposes, the Central Bank of Armenia said