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Tag: forgive

Armenian banks to forgive loans of those killed in hostilities or became disabled

Armenia's National Assembly has passed today in the first reading a set of changes to the Tax Code, which if approved in the final reading, would give the local commercial banks and credit organizations the right to forgive the credit obligations of the borrowers who have died in the war in the Nagorno-Karabakh or have become disabled

Converse Bank to forgive fines and penalties on individuals’ overdue loans

Converse Bank has started forgiving fines and penalties on individuals’ overdue loans, the bank’s press office reported on Wednesday

Armenian banks to forgive penalties and fines of 100,000 citizens

Attended by bank executives, Prime Minister Nikol Pashinyan held a consultative meeting to discuss the problem of accumulated fines and penalties for agricultural and consumer loans, the government press office reported

Unibank to forgive individual customers’ penalties and fines for bad loans

Unibank has made a decision to forgive its individual customers' fines and penalties for bad loans, which are calculated and reflected in the bank's off-balance account