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

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Stepan Gishyan Foundation’s grant competition results have been announced

The Stepan Gishyan Charitable Foundation has announced the results of its 2026 grant competition.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

A 5 MW solar power plant was built in the village of Lanjar with the assistance of Acba Leasing

Lanjar Energy's 5 MW solar power plant with a capacity of 9 million kWh is located in the village of Lanjar in the Ararat region.

Net non-commercial remittances in Armenia accelerated to 16% in April – WB

Net non-commercial remittances in Armenia increased by 16% year-on-year in April from a low base in 2025, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

LATEST NEWS

spot_imgspot_imgspot_img