YEREVAN, January 19. /ARKA/.  By a vote of 65 to 5 Hovhannes Khachatryan has been elected today by Armenian MPs as new deputy head of the Central Bank of Armenia.

Khachatryan was nominated by the ruling Civil Contract party of Prime Minister Nikol Pashinyan.

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Armenian parliament elects Hovhannes Khachatryan as new deputy chairman of Central Bank

Tags: Central Bank, CHAIRMAN, PARLIAMENT

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By a vote of 59 to 22 the Armenian parliament has passed today in the first reading an amendment to the Tax Code, which revokes a provision of the law that allows citizens to use their individual income tax to pay off interests on their mortgage loans, making them actually interest free

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Armenian parliament revokes partial compensation for mortgage interest

Tags: Armenia, compensation, mortgage interest, PARLIAMENT

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The Armenian parliament has passed today in the second and final reading a bill that raises the amount of fines that may be imposed on commercial banks for violating consumer rights

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Tags: Armenia, PARLIAMENT, violating

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The Armenian parliament passed Thursday in the first reading a bill that raises the amount of fines that may be imposed on commercial banks for violating consumer rights. The bill was endorsed by a vote of 93 to one and 19 abstentions

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Armenian parliament raises fines imposed on banks for violating client's rights

Tags: Armenia, Banks, PARLIAMENT

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By a vote of 115 to 4 abstentions Armenia’s National Assembly has approved today in the second and final reading a set of amendments to the Civil Code and a package of related draft laws proposed by the opposition Bright Armenia party’s parliamentary faction

Categories: General news, Loan organizations, News, News of the hour | Comments Off on Armenian parliament approves law on protection of loan guarantor's rights

Tags: Armenia, law, loan guarantor, PARLIAMENT

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An emergency session of the Armenian parliament discussed today ratification of an agreement with the IMF regarding the use of the $280 million loan, allocated to Armenia in May 2019, and attraction of an additional loan in the amount of $35 million. The money is to help Armenia fight the coronavirus outbreak and mitigate its economic consequences

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Tags: Armenia, IMF, LOAN AGREEMENT, PARLIAMENT

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Armenia’s National Assembly has approved today in the second and final reading a draft law on consumer lending, proposed by the Bright Armenia party

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Armenian parliament raises upper limit of consumer loan to 15 million drams

Tags: Armenia, LOAN, PARLIAMENT

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Armenian parliament has approved today in the first reading a bill on amending the Law on Consumer Lending, proposed by the Bright Armenia faction

Categories: Banks @en @en, General news, News, News of the hour | Comments Off on Armenian parliament extends the limit of consumer credits

Tags: Armenia, consumer credits, PARLIAMENT

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The Armenian parliament discussed today a draft law on mortgage lending, which when passed, will allow free transfer of mortgage loans from one bank to another

Categories: Banks @en @en, General news, News, News of the hour, Новости | Comments Off on Parliament discusses draft law facilitating mortgage loans

Tags: Armenia, MORTGAGE LOANS, PARLIAMENT

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By a vote of 83 to 24 ad one abstention the Armenian parliament has passed today in the final reading the 2017 budget. The financial document was backed by lawmakers from the ruling Republican Party of Armenia

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Tags: Armenia, budget, GDP, PARLIAMENT

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