All news related to Mortgage

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

03.09.2018 17:16

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

YEREVAN, September 3. /ARKA/. 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.

According to the Russian-owned bank, the program has a number of advantages. More precisely, customers are able to reduce the loan’s interest rate, to change its currency and to prolong the repayment period. As a result, customers ease their monthly financial burden and streamline the cost of loan repayment.

The bank said in a press release that all customers who repay their mortgage loans in good faith in any bank or credit institution of Armenia are given the opportunity to refinance / transfer them to VTB Bank (Armenia), to receive a new mortgage loan in the amount of the remaining credit at the most favorable terms and through a facilitated process.

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Pashinyan expects mortgage rate to drop

23.08.2018 18:55

Pashinyan expects mortgage rate to drop

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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Mortgage lending program with lowest ever interest rates to be launched in Armenia soon - premier

16.07.2018 19:19

Mortgage lending program with lowest ever interest rates to be launched in Armenia soon - premier

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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Unibank offers mortgage loans without prepayment

04.10.2017 12:38

Unibank offers mortgage loans without prepayment

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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Fifteenth issue of bonds by national mortgage company admitted to trading on NASDAQ OMX Armenia

13.07.2016 18:31

Fifteenth issue of bonds by national mortgage company admitted to trading on NASDAQ OMX Armenia

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

18.03.2015 20:59

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

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

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Mortgage lending to rise from 10 to 20 percent in 2015 - union of banks of Armenia

17.03.2015 21:03

Mortgage lending to rise from 10 to 20 percent in 2015 - union of banks of Armenia

The chairman of the Union of Banks of Armenia Samvel Chzmachyan predicted today a 10-20% rise in mortgage lending this year, citing the findings of a survey conducted by the union among Armenian commercial banks

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Mortgage lending in 2014 surges by 20% - Union of Banks of Armenia

17.03.2015 20:48

Mortgage lending in 2014 surges by 20% - Union of Banks of Armenia

The overall mortgage lending in Armenia in 2014 saw a 20% rise from the previous year to 172.4 billion drams, according to Samvel Chzmachyan, the chairman of the Union of Banks of Armenia

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Russian mortgage market to get 20bln rubles in government subsidies

03.02.2015 13:19

Russian mortgage market to get 20bln rubles in government subsidies

The Russian government agreed to appropriate 20 billion rubles from the budget on mortgage interest rate subsidies at its meeting on Monday, RBC reports citing two government sources

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Armenia’s government considers easing mortgage terms – prime-minister

08.08.2014 13:34

Armenia’s government considers easing mortgage terms – prime-minister

Armenia’s government is considering a program for promoting housing construction and easing mortgage standards, Armenia’s premier Hovik Abrahamyan said

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