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Some 13.3 billion drams refunded to mortgage borrowers in 2020

07.04.2021 17:38

Some 13.3 billion drams refunded to mortgage borrowers in 2020

YEREVAN, April 7. /ARKA/. In 2020, Armenia's State Revenue Committee refunded a total of 13.3 billion drams in individual income taxes to mortgage borrowers so that they could use the money  to pay interests on their mortgage loans, Deputy Finance Minister Arman Poghosyan said during a meeting of the parliamentary committee on economic issues on Wednesday.

Under the Armenian law, the home's price should not be more than 55 million drams. Also, the refunds should not be more than 1.5 million drams per quarter.

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Artsakh authorities to show support to borrowers

10.02.2021 20:34

Artsakh authorities to show support to borrowers

The authorities in Artsakh (Nagorno-Karabakh) will provide state support to borrowers, Artsakh Finance Minister Grigory Martirosyan said during a meeting at the Union of Banks of Armenia. The meeting was attended by representatives of Armenian banks which provided loans to Artsakh residents and companies

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Armenian credit organizations award credit holidays to borrowers who volunteered to defend Karabakh

02.10.2020 18:51

Armenian credit organizations award credit holidays to borrowers who volunteered to defend Karabakh

Credit organizations in Armenia will award credit holidays to those borrowers who have volunteered or were called up to the armed forces for the entire period of marshal law, declared after the large-scale offensive by Azerbaijan against Nagorno-Karabakh, the Union of Credit Organizations said in a statement today

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Armenian regulator calls on commercial banks to apply individual approach to borrowers because of coronavirus

16.03.2020 16:47

Armenian regulator calls on commercial banks to apply individual approach to borrowers because of coronavirus

The Central Bank of Armenia has clarified the situation on loan repayments amid the risk of the spread of coronavirus

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VTB Bank (Armenia) returns up to 20% of principal amount of installment loan to accurate borrowers

26.04.2016 17:15

VTB Bank (Armenia) returns up to 20% of principal amount of installment loan to accurate borrowers

VTB Bank (Armenia) has improved the terms of its Super Rate service – it returns up to 20% of the principal amount of the installment loan to accurate borrowers, the press office of the bank reported on Tuesday

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Volume of credit funds, issued by Armenian crediting organizations to resident borrowers, grows to 76.3 billion drams

15.11.2010 16:23

Volume of credit funds, issued by Armenian crediting organizations to resident borrowers, grows to 76.3 billion drams

Volume of credit funds, issued by Armenian crediting organizations to resident borrowers, grows to 76.3 billion drams

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