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Unibank extends deadline for forgiving individual customer’s fines and penalties for bad loans

02.10.2018 18:33

Unibank extends deadline for forgiving individual customer’s fines and penalties for bad loans

YEREVAN, October 2. /ARKA/. Unibank has decided to extend the deadline for forgiving its individual customer’s fines and penalties for bad loans. The Yerevan-based bank said in a press release that customers with bad loans may apply to the bank before the end of 2018.

It specified that the decision to extend the deadline applies to overdue loans, which were calculated and reflected in the bank's off-balance account and were repayable in 271 days or more as of May 31, 2018.

Unibank said it will forgive fines and penalties, and will set a new repayment schedule for the rest of the loans and interests, which will allow customers to restore their credit history.

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