All news related to LOANS

Armenian banks have revised 200 billion drams worth loans

27.03.2020 19:34

Armenian banks have revised 200 billion drams worth loans

YEREVAN, March 27. /ARKA/. From March 20 to this day, Armenian banks have revised lending terms for 96,838 individuals and 3,395 legal entities, Armenian Prime Minister Nikol Pashinyan said.

“In the vast majority of cases, banks have granted credit holidays, in some cases for several months.

Views: 178

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Armenian banks have revised 200 billion drams worth loans

Tags: , ,

Read more
Share of overdue loans drops to record low 0.85% in Armenia

10.02.2020 18:35

Share of overdue loans drops  to  record low 0.85% in Armenia

The share of overdue loans in 2019 dropped to the record low 0.85% of the total lending, Armenian Prime Minister Nikol Pashinyan wrote in a Facebook post

Views: 1181

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Share of overdue loans drops to record low 0.85% in Armenia

Tags: ,

Read more
Armenia to stop taking loans for financing its budget deficit - finance ministry

12.12.2019 14:49

Armenia to stop taking loans for financing its budget deficit - finance ministry

In 2020, Armenia will stop taking loans for financing its budget deficit, Armenian Deputy Finance Minister Armen Hayrapetyan said Thursday at an extraordinary session of the National Assembly

Views: 1087

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Armenia to stop taking loans for financing its budget deficit - finance ministry

Tags: , , ,

Read more
Armenia to receive $152 million in budget support loans

12.12.2019 14:48

Armenia to receive $152 million in budget support loans

Armenian Deputy Finance Minister Armen Hayrapetyan, speaking Thursday at an extraordinary session of the National Assembly, said Armenia will attract budget-supporting loans totaling $152 million (around €131.4 million).

Views: 949

Categories: 121, 144, Banks @en, Economy @en, General news, News, News of the hour | Comments Off on Armenia to receive $152 million in budget support loans

Tags: , ,

Read more
Share of non-performing individual and corporate loans of Armenia-based commercial banks does not exceed 5%

29.11.2019 17:46

Share of non-performing individual and corporate loans  of Armenia-based commercial banks does not exceed 5%

The share of individual and corporate non-performing loans in the total loan portfolio of 17 Armenia-based commercial banks does not exceed 5%, said Andranik Grigoryan, the head of a Central Bank department overseeing financial stability, when speaking at a parliamentary hearing on credit policy and financial literacy today

Views: 1878

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Share of non-performing individual and corporate loans of Armenia-based commercial banks does not exceed 5%

Tags: , ,

Read more
Some 5.1 percent of loans held by Armenia banks in first half were non-performing

06.11.2019 13:31

Some 5.1 percent of loans held by Armenia banks in first half were non-performing

In the first half of 2019, some 5.1 percent of the loans that banks in Armenia held were non-performing, Andranik Grigoryan, head of a Central Bank department overseeing the financial system’s stability and development, told reporters on Tuesday

Views: 1997

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Some 5.1 percent of loans held by Armenia banks in first half were non-performing

Tags: , ,

Read more
Government to subsidize mortgage loans for 500 Armenian military personnel annually

22.08.2019 18:55

Government to subsidize mortgage loans for 500 Armenian military personnel annually

The government of Armenia approved today a draft decision to introduce a scheme for subsidizing mortgage loans of 500 servicemen annually

Views: 4017

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Government to subsidize mortgage loans for 500 Armenian military personnel annually

Tags: , , , ,

Read more
National Mortgage Company refinances some 11,000 loans over one decade

16.07.2019 19:16

National Mortgage Company refinances some 11,000 loans over one decade

Armenia’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.

Views: 2423

Categories: 121, 90, General news, Loan organizations, News, News of the hour | Comments Off on National Mortgage Company refinances some 11,000 loans over one decade

Tags: , ,

Read more
Armenian banks, credit organizations and pawnshops now obliged to indicate real interest rate on consumer loans up to 15 million drams

19.06.2019 18:57

Armenian banks, credit  organizations and pawnshops now obliged to indicate real interest rate on consumer loans up to 15 million drams

Armenia-based commercial banks, credit organizations and pawnshops are now obliged to indicate a real interest rate on loans worth up to 15 million drams in the loan agreements

Views: 2868

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Armenian banks, credit organizations and pawnshops now obliged to indicate real interest rate on consumer loans up to 15 million drams

Tags: , ,

Read more
Interest rates on Armenian banks’ loans tend to decline

11.06.2019 18:45

Interest rates on Armenian banks’ loans tend to decline

Interest rates on Armenia-based commercial banks’ loans show a downward trend, Araratbank Board Chairman Ashot Osipyan told reporters on Tuesday. According to him, in 2018 the rates also decreased, prompted by growing competition

Views: 1210

Categories: Banks @en, General news, News, News of the hour | Comments Off on Interest rates on Armenian banks’ loans tend to decline

Tags: , , ,

Read more