Mon, 30 June
31.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

Kamurj credit organization provided 344 million drams in preferential loans to border regions

YEREVAN, March 17. /ARKA/. The universal credit organization Kamurj (Bridge) said today that in 2016 it provided more than 344 million drams in preferential loans to 405 borrowers in border communities.

The credit organization has been providing loans to border communities on preferential terms for three years already. In particular, 30 border communities in Tavush and Vayots Dzor provinces enjoy almost all types of loans of the organization without having to pay processing and servicing fees.

“As a socially responsible company, Kamurj has always aimed at helping improve the social and economic situation of vulnerable groups of the population. The residents of the border areas of Armenia are one of the most important guarantors of the security and all of us should do everything in our power to help them,” the organization said in a press release.

“We will continue to help the population of the border areas to develop their communities,” the press release said.

Kamurj is one of the largest credit organizations operating in Armenia. It was founded by a charitable foundation for the development of small businesses in 2010. In February 2012 it was reorganized to Kamurj cjsc. ($ 1 – 483.95 drams). -0-

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

Armenia’s budget remained in surplus through April, despite a projected deficit

Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.

LATEST NEWS

spot_imgspot_imgspot_img