Sat, 12 April
13.1 C
Yerevan
USD: 391.07 RUB: 4.66 EUR: 443.20 GEL: 142.03 GBP: 511.21
spot_img

Armenian government and central bank intend to change mortgage program for young families

YEREVAN, March 22. /ARKA/. The Armenian government and the Central Bank of Armenia are planning to make some changes in the mortgage program for young families, Mesrop Araqelyan, the prime minister’s advisor, reports on his Facebook page.

In the event of birth or adoption of a baby throughout the period of the mortgage loan validity, the interest rate for repayment of the remaining sum is downed by 0.5 percent.

For example, in case of three children in the family, mortgage loan interest rate may stand at 4%. -0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img