Armenian banks have revised 200 billion drams worth loans

YEREVAN, March 27. /ARKA/. From March 20 to this day, Armenian banks have revised lending terms for 96,838 individuals and 3,395 legal entities, Armenian Prime Minister Nikol Pashinyan said.

“In the vast majority of cases, banks have granted credit holidays, in some cases for several months.
The volume of revised loans is about 200 billion drams,” Pashinyan wrote on his Facebook page.

On March 16, the government of Armenian declared a 30-day state of emergency to fight the spread of coronavirus. According to the latest data, 329 cases of COVID-19 infection were recorded in the country, 28 people were said to have recovered and one patient, a 72 year-old woman died from the coronavirus.-0-

spot_img

POPULAR

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

LATEST NEWS

spot_imgspot_imgspot_img