YEREVAN, February 10. /ARKA/. The authorities in Artsakh (Nagorno-Karabakh) will provide state support to borrowers, Artsakh Finance Minister Grigory Martirosyan said during a meeting at the Union of Banks of Armenia. The meeting was attended by representatives of Armenian banks which provided loans to Artsakh residents and companies

According to Martirosyan, if a draft law on state assistance program developed by the Artsakh government is approved by its parliament, individuals and legal entities who have mortgage, business or consumer loans received before September 27, 2020 will be able to benefit from state support in the near future.

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Artsakh authorities to show support to borrowers

Tags: Artsakh, BORROWERS, support

Read more

‘Now it is more than necessary to support the heroes of the Karabakh war and their families,’ the Union of Banks of Armenia said in a statement today issued in connection with the Day of the Banker, celebrated on November 23

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Union of Banks of Armenia supports Karabakh war heroes and their families

Tags: Armenia, FAMILIES, heroes, Karabakh, support, Union of Banks

Read more

An IMF team reached staff level agreement with the Armenian authorities for the completion of the third review under the program supported by an IMF Stand-By arrangement, IMF said in a press release

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on IMF says SDR 25.714 million (around US$36.7 million) will become available for Armenian budget support after Board meeting

Tags: Armenia, budget, IMF, support

Read more

IFC, a member of the World Bank Group, said it is providing a loan of $15 million to Inecobank to boost lending to Armenia’s micro, small, and medium enterprises (MSMEs), helping them address the challenges triggered by the COVID-19 outbreak

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on IFC supports Inecobank to back Armenian smaller businesses AMID COVID-19 crisis

Tags: Armenia, COVID 19, IFC, Inecobank, smaller businesses, support

Read more

The Asian Development Bank (ADB) and the Armenian Armeconombank OJSC signed a $15 million loan agreement to increase lending to micro, small and medium-sized businesses owned by women in Armenia, especially in regions outside Yerevan

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

Tags: ADB, AGREEMENT, ARMECONOMBANK, enterprises, support, women-led

Read more

As of 18:00 on May 14, 4,225 payments totaling almost 1,088,681,654 drams (about $ 2.23 million) have been received in the special account to support the fight against the coronavirus in Armenia, the press service of the country’s finance ministry reports

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Over AMD 1.1 billion received in special account of support for struggle against COVID-19 in Armenia

Tags: Armenia, COVID 19, special account, support

Read more

ACBA CREDIT AGRICOLE BANK CEO Hakob Andreasyan spoke about the steps the bank has taken to assist its customers and partners.

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on CEO: ACBA CREDIT AGRICOLE BANK shows support to customers in time of crisis (video)

Tags: ACBA-Credit Agricole bank, crisis, Customers, support

Read more

Some 973 million drams (over $1.8 million) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Some 973 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

Tags: Armenia, coronavirus, government, support

Read more

“HSBC Bank Armenia” CJSC (HSBC Armenia) will be allocating AMD15 million to COVID19 relief and recovery effort in Armenia, the Bank said today in a press release.. It said the funds will be donated to the Armenian Red Cross Society (ARCS), which will identify the most pressing humanitarian needs of vulnerable groups in the country and provide both immediate as well as medium and long-term response

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on HSBC Armenia supports fight against coronavirus

Tags: coronavirus, HSBC Armenia, support

Read more

Some 887 million drams (over $1.8 million) have been raised so far to support the Armenian government’s efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on Some 887 million drams raised to support Armenian government‘s efforts to contain spread of coronavirus

Tags: Armenia, coronavirus, government, support

Read more