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.

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Tags: Artsakh, BORROWERS, support

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‘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

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

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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

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Tags: Armenia, budget, IMF, support

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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

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

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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

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

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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

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Tags: Armenia, COVID 19, special account, support

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

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

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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

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Tags: Armenia, coronavirus, government, support

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“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

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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

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Tags: Armenia, coronavirus, government, support

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