Loan organizations
2020-06-17 18:30:08 Head of credit organization and his subordinates accused of fraud and embezzlement
Head of credit organization and his subordinates accused of fraud and embezzlementArmenia's Investigative Committee has accused today the head of Mega Credit organization and some of his subordinates of embezzlement and fraud, asking all those citizens who may have suffered from their fraudulent scheme to contact it
2020-03-25 15:05:00 Armenian central bank strips Varks AM credit organization of license
Armenian central bank strips Varks AM credit organization of licenseThe Central Bank of Armenia has announced yesterday the license of Varks AM Credit Organization invalid, the press office of the regulator reported on Wednesday
2019-09-11 19:37:12 Fraudsters stole 20 million drams from credit organization in Yerevan
Fraudsters stole  20 million drams from credit organization in Yerevan

YEREVAN, September 11. /ARKA/. Fraudsters stole 20 million drams from a credit organization in Yerevan. the Armenian police said. According to the police, a group of people received from the organization about 20 million drams placing as collateral vehicles registered in the names of other persons (not owners). The police said that the cars were […]

2019-07-16 19:16:28 National Mortgage Company refinances some 11,000 loans over one decade
National Mortgage Company refinances some 11,000 loans over one decadeArmenia’s National Mortgage Company Universal Credit Organization has refinanced some 11,000 loans over one decade of its presence at Armenia's market, of which 7,400 have been provided for acquisition of housing, and the remaining loans for repair and construction of detached houses, National Mortgage Company UCO Executive Director Edmond Vardumyan said in an exclusive interview with ARKA News Agency.
2019-06-24 23:13:21 Man who has taken loan by submitting forged papers to face trial
Man who has taken loan by submitting forged papers to face trialArmenia’s Investigative Committee reported Monday about completion of the criminal case over a 52-year-old man, who had taken a loan by submitting false papers of a contract serviceman
2019-05-27 19:47:23 Armenian credit organizations earn 20.4 billion drams in net profit
Armenian credit organizations earn 20.4 billion drams in net profitOut of 38 credit organizations operating in Armenia, 31 were profitable in the first quarter of 2019