Government to restructure army officers’ loans

YEREVAN, December 24 /ARKA/. Armenia’s acting Prime Minister Nikol Pashinyan wrote in a Facebook post that the government is going to restructure loans of several thousand of career and warrant army officers.

According to him, this decision will reduce the interest rate on their loans by half and also extend the payment period. “For example, if an officer pays monthly 50 thousand drams to repay the loan now, after restructuring he will pay 25,000 drams for the same loan,” he said.

He said the government will also discuss ways to help retired army officers in the purchase of housing.
“This, of course, will not be a complete solution, but the issue will get off the ground. In the near future, we will make an important decision about the purchase of apartments by active military personnel,” he said.-0-

spot_img

POPULAR

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 6-12)

Last week, the Armenian financial market focused on, among other things, statements by the Central Bank's management on macroeconomic risks, assessments of the possible inflationary impact of external shocks, discussions of stablecoins, and the development of regional payment infrastructure.

Central Bank of Armenia website and centralized registry of bank accounts may be unavailable for four hours on April 14

The Central Bank of Armenia website and the centralized registry of bank accounts may be temporarily unavailable on April 14 from 7:00 PM to 11:00 PM due to scheduled maintenance of the information systems.

Armenian Card reported technical issues

The national payment system Armenian Card CJSC (ArCa) reported technical issues.

LATEST NEWS

spot_imgspot_imgspot_img