Tue, 4 November
0.1 C
Yerevan
USD: 382.55 RUB: 4.73 EUR: 440.47 GEL: 141.19 GBP: 502.25

Artsakhbank will return pledged gold to forcibly displaced persons without repayment of loan obligations

YEREVAN, October 12. /ARKA/. Artsakhbank will return gold items pledged by Nagorno-Karabakh residents to get  secured loans before they had to flee to Armenia, the bank said today.

It said the gold will be  returned and the borrowers will be exempted from their  credit obligations. The bank had already returned more than 400 clients the pledged gold items before they fled to Armenia. Some 500 more borrowers who could not get the pledge in Nagorno-Karabakh can apply to the bank’s branch in Yerevan. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img