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Armenian authorities should stabilize credit market by attracting preferential loans totaling $ to 2 billion

10.12.2020 15:41

Armenian authorities should stabilize credit market by attracting preferential loans totaling $ to 2 billion

YEREVAN, December 10. /ARKA/. The Armenian authorities should stabilize the credit market by attracting preferential loans totaling $ 1-2 billion, economist Ashot Osipyan, founder of the School of Banking Management, told reporters on Wednesday at a video conference organized by the Economic Journalists Club.

According to him, during the lockdown period, banks made certain economic cuts and, therefore, should strengthen risk management, try to manage risks and build new risk models.

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Tags: Armenia, credit market, LOANS, stabilize

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