YEREVAN, June 16. /ARKA/. Consumer lending in Armenia is not booming, but mortgage lending has intensified, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday.

Earlier that day the Executive Board of the Central Bank made a decision to raise the refinancing rate by 0.5 percentage points, setting it at 6.5%. The regulator had already raised the rate by as much on May 4, 2021.

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Tags: Armenia, lending, Mortgage

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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

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Tags: BORROWERS, Mortgage, refund

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The mortgage lending by Armenia-based commercial banks has almost doubled, Armenian Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday

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Tags: Armenia, Banks, lending, Mortgage

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The loan portfolios of Armenian commercial banks grew by 14.4% in 2019 July as opposed to 2018 July, the head of the Union of Banks of Armenia and CEO of Ameriabank Artak Hanesyan told reporters today

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Tags: Armenia, Banks, lending, Mortgage, portfolio loans

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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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Tags: LOAN, Mortgage, REFINANCING, repurchasing, VTB Bank (Armenia)

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In a live Facebook stream on August 22 evening Armenian Prime Minister Nikol Pashinyan said he expects mortgage rates to drop further. According to him, over the past three months, mortgage lending rates have decreased by 1-1.5%

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Tags: Mortgage, Pashinyan

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Armenian Prime Minister Nikol Pashinyan, speaking live for Facebook users on Sunday, said a mortgage lending program with the lowest ever interest rates will be launched in Armenia soon

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Tags: Armenia, Interest rates, lending, lowest, Mortgage, PREMIER

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Unibank offers mortgage loans without prepayment at primary and secondary markets for acquisition of residential accommodation and premises for business, the press office of the bank reported on Wednesday

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Tags: Armenia, LOANS, Mortgage, offer, Unibank, without prepayment

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Starting from July 13, 2016, discount bonds issued by “National Mortgage Company” Refinancing Credit Organization CJSC (RCO CJSC) will be admitted to trading on NASDAQ OMX Armenia and included in the bonds free market (Cbond), NASDAQ OMX Armenia stock exchange said today

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Tags: bonds, Mortgage, NASDAQ OMX Armenia

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VTB Bank (Armenia) has joined a government-designed program to refund income taxes to persons repaying mortgage loans

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Tags: government-designed program, LOANS, Mortgage, VTB Bank (Armenia)

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