Armenian banks provide ‘loan holidays ‘ worth 40 billion drams

YEREVAN, April 13. /ARKA/. Armenian banks and credit organizations have provided individuals and legal entities with “loan holidays” worth 40 billion drams, Prime Minister Nikol Pashinyan wrote in a Facebook posting on Monday.

He said as of April 13, Armenian banks have provided ‘loan holidays’ to 320 thousand citizens worth 12 billion drams , as well as to 6,600 legal entities in the amount of 28 billion drams.

Pashinyan said earlier that many citizens were converting their bank deposits in USD to deposits in Armenian drams, which he said was evidence of citizens’ confidence in the anti-crisis policy of the government. ($1 – 491.18 drams) .– 0–

spot_img

POPULAR

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

Armenia Increases Participant Limit for Non-Public Investment Funds from 49 to 99

At an extraordinary session on Friday, the National Assembly of Armenia adopted an amendment to the Law "On Investment Funds" in its second and final reading.

Idram is the general partner of the “Towards Conscious Parenting 2026” annual conference     

Idram and the "Parenting Community" NGO are collaborating for the second year in a row, aiming to support families and contribute to shaping a more conscious and financially literate generation.  

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Renshin and GTB are uniting around the Cascade project

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

LATEST NEWS

spot_imgspot_imgspot_img