Protest against bank loan fraud in Yerevan

YEREVAN, April 7. /ARKA/. A protest related to cases of fraud in banks and credit organizations in Armenia took place in Yerevan on Monday.

According to Mher Karagyozyan, head of the public organization “Public Control,” the participants of the protest demand the cancellation of loans that were issued illegally to citizens.

“They did not receive any loans and have no obligation to repay them. At the same time, their personal data was used by fraudsters. Over 200 citizens have already contacted us about this issue,” he said, adding that this concerns, in particular, three Armenian commercial banks.

Karagyozyan also stated that this is their final action to inform the public, explaining that if there is no change in the banks’ behavior, further actions will be taken.

“We consistently urge our citizens not to give their personal data to fraudsters, and banks must protect their clients from such tricks. After this protest, we plan to visit the Investigative Committee and expect to discuss these cases with an authorized employee of the Committee,” he said.

spot_img

POPULAR

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

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.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Unibank’s annual general meeting of shareholders will be held today: the bank’s net profit amounted to 9.8 billion drams

On June 22, 2026, the Annual General Meeting of Shareholders of Unibank OJSC will be held.

Byblos Bank Armenia stands with CaseKey for the fourth year running

CaseKey 2026 is launching with unprecedented interest and new opportunities and, for the fourth consecutive year, with the support of Byblos Bank Armenia.

LATEST NEWS

spot_imgspot_imgspot_img