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  • Archive for February 15th, 2019

    VTB Bank (Armenia) forgave 3 billion drams worth penalties and fines on bad loans in 2018

    Friday, February 15th, 2019

    VTB Bank (Armenia) said today that in 2018 it forgave its individual customers some 3 billion drams worth penalties and fines

    Lending interest rates in Armenia can be reduced

    Friday, February 15th, 2019

    Lending interest rates in Armenia can be reduced at the expense of about 300 billion drams

    Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

    Friday, February 15th, 2019

    Reserves at Armenia’s banks for possible losses on loans totaled AMD 147.7 billion in 2018 – 6.12% or AMD 8.5 billion more than in 2017

    Novosti Armenia launches news feed of good news

    Friday, February 15th, 2019

    Novosti-Armenia news agency has launched a newsfeed for exclusively positive news

    Applications for Unibank’s consumer loans increase 18% to 470,000

    Friday, February 15th, 2019

    In 2018, Unibank’s «credit conveyor» processed more than 470 000 applications for consumer loans