Government grants preferential mortgages to 525 army officers

YEREVAN, July 28. /ARKA/.  The Armenian government at a meeting on Thursday approved a decision to grant preferential mortgages to 526 career army and warrant officers.

In addition, officers who entered military schools before July 1, 2022 and will continue contractual service will have the right to get a preferential mortgage within five years.

Deputy Prime Minister Hambardzum Matevosyan reminded that the government undertakes to pay 10% of the principal amount of the mortgage loan and 3% of 7% interest rate. -0-

spot_img

POPULAR

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img