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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–

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