{"id":118087,"date":"2018-12-27T10:58:01","date_gmt":"2018-12-27T10:58:01","guid":{"rendered":"https:\/\/armbanks.am\/2018\/12\/27\/248163\/"},"modified":"2024-12-15T13:36:13","modified_gmt":"2024-12-15T13:36:13","slug":"banks-in-armenia-forgive-15000-citizens-fines-and-penalties-on-overdue-loans-pashinyan","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/12\/27\/118087\/","title":{"rendered":"Banks in Armenia forgive 15,000 citizens\u2019 fines and penalties on overdue loans &#8211; Pashinyan"},"content":{"rendered":"<p><strong>YEREVAN, December 27. \/ARKA\/.<\/strong> As a result of the legislative changes implemented by the Armenian government in July 2018, banks have forgiven fines and penalties totaling AMD 7 billion (USD 14.4 million) to 14,963 borrowers, Armenian Acting Prime Minister Nikol Pashinyan posted Thursday on his Facebook page.<\/p>\n<p>He said 124,000 credit histories of bank clients had been reconsidered.<\/p>\n<p>\u201cThis process will be longstanding \u2013 citizens having bad loans should visit their banks to adjust their fines and penalties,\u201d he said.<\/p>\n<p>At its session held on June 21, the Armenian National Assembly amended the tax code to allow banks to forgive the fines and penalties imposed on citizens for delaying loan payments.<\/p>\n<p>The decision applies to the payments delayed for 271 days and more as of May 31, 2018.<\/p>\n<p>Some banks apply the same approach also to small and mid-scale businesses. &#8211;0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a result of the legislative changes implemented by the Armenian government in July 2018, banks have forgiven fines and penalties totaling AMD 7 billion (USD 14.4 million) to 14,963 borrowers<\/p>\n","protected":false},"author":1,"featured_media":175102,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,12455,13833,319],"class_list":{"0":"post-118087","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-banks","11":"tag-loans","12":"tag-penalties","13":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/118087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=118087"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/118087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/175102"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=118087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=118087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=118087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}