All news related to LOAN

Armenian Central Bank chairman explains why interest rates on loan may reach 50-100%

21.03.2019 17:58

Armenian Central Bank chairman explains why interest rates on loan may reach 50-100%

YEREVAN, March 21, /ARKA/. The chairman of the Central Bank of Armenia Artur Javadyan unveiled today some details of a set of projects designed to improve the financial literacy of citizens. Speaking at a recurrent government meeting he also touched on the issue of high interest rates demanded by banks on loans.

“We are carrying out numerous projects, designed to raise the financial literacy of citizens. Currently we are working with the Ministry of Education and Science to embrace as many schoolchildren as possible. We have also trained a large number of school teachers who can share the knowledge they acquired with their students,” he said.

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Inecobank receives USD 15-million subordinated loan from Blue Orchard Microfinance Fund

28.02.2019 18:03

Inecobank receives USD 15-million subordinated loan from Blue Orchard Microfinance Fund

Inecobank has received a USD 15-million subordinated loan from Blue Orchard Microfinance Fund international financial organization

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VTB Bank (Armenia) announces new year loan offer

19.12.2018 17:26

VTB Bank (Armenia) announces new year loan offer

In tune with its strategy of providing loans on the best terms, the VTB Bank (Armenia) has announced today a New Year lending campaign with lower effective interest rates, saying in a press release that the loans are to be secured by gold items

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Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

12.12.2018 18:20

Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

Unibank’s automated processing of applications for unsecured loans to the tune of up to 2 million drams sought by microbusiness allows it to make loan decisions in minutes

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VTB Bank (Armenia) launches its annual loan campaign ahead of New Year holidays

06.12.2018 15:03

VTB Bank (Armenia) launches its annual loan campaign ahead of New Year holidays

VTB Bank (Armenia), in an effort to ease their financial burden connected with New Year expenses, offers again its usual annual product ‘New Year Loan’

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ADB loan to further enhance financial markets, public efficiency in Armenia

16.11.2018 12:12

ADB loan to further enhance financial markets, public efficiency in Armenia

The Asian Development Bank (ADB) said today it has approved a $50 million policy-based loan as part of an ongoing program of financial reforms to strengthen public debt and fiscal risk management and develop financial markets in Armenia

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Moody’s: loan concentration remain high at CIS banks, a negative for lenders

20.09.2018 18:08

Moody’s: loan concentration remain high at CIS banks, a negative for lenders

Loan books and deposit bases at banks in Russia and other members of the Commonwealth of Independent States (CIS) will continue to be highly concentrated on a small group of large corporates

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VTB Bank (Armenia) launches mortgage loan refinancing / repurchasing program

03.09.2018 17:16

VTB Bank (Armenia) launches mortgage loan refinancing / repurchasing program

The Yerevan-based VTB Bank (Armenia) said today it has launched a new program designed for refinancing / repurchasing mortgage loans from other banks and credit institutions

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Unibank offers new loan Solar Energy to SMEs

19.07.2018 13:20

Unibank offers new loan Solar Energy to SMEs

Unibank, in partnership with Stiegen, renewable energy company, offers a new loan called Solar Energy, the bank’s press office reported on Thursday

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Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

11.07.2018 17:33

Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

The Yerevan-based Araratbank and the Eurasian Development Bank (EDB) signed a $6 million loan agreement today. The loan will be on-lent as micro loans to small and medium-sized businesses in Armenia

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