{"id":34260,"date":"2012-03-02T10:18:26","date_gmt":"2012-03-02T10:18:26","guid":{"rendered":"https:\/\/armbanks.am\/2012\/03\/02\/234997\/"},"modified":"2024-12-15T12:55:49","modified_gmt":"2024-12-15T12:55:49","slug":"over-120-armenian-young-families-to-receive-auto-loans-at-low-interest-rates","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/03\/02\/34260\/","title":{"rendered":"Over 120 Armenian young families to receive auto loans at low interest rates"},"content":{"rendered":"<p><strong>YEREVAN, March 2. \/ARKA\/.<\/strong> Over 120 Armenia young families will get a chance to receive auto loans at low interest rates, Arsen Kamaryan, Deputy Minister of Sport and Youth Affairs of Armenia, said on Friday.<\/p>\n<p>\u201cOn April 15, 2012, \u201cAffordable vehicle for young families\u201d program is going to be kicked off. The program was included into President Serge Sargsyan\u2019s campaign trail of 2008,\u201d he said.According to him, negotiations with the Central Bank of Armenia led to developing auto lending conditions for young families. The State will subsidize 2% of the cost of credit as a result. Thus, the recipients will get loans at 10% annual interest rate for 7-10 years. \u201cThe project received 500 million drams for implementation. Young families will have a chance to buy a car at \u201cKia Motors\u201d auto salon, where they can find three car classes at very affordable prices,\u201d Karamyan said.He also clarified that auto loans will be available for those young families whose total age of spouses is up to 60. \u201cMoreover, none of family members should have any vehicle registered in his name, and income of each spouse should be 60,000 and more drams per month,\u201d he noted.The project is co-funded by the German-Armenian foundation and the Central Bank of Armenia. ($1-388.57 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over 120 Armenia young families will get a chance to receive auto loans at low interest rates, Arsen Kamaryan, Deputy Minister of Sport and Youth Affairs of Armenia, said on Friday.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12455,12444,308],"class_list":{"0":"post-34260","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-loans","10":"tag-rates","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34260","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=34260"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/34260\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=34260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=34260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=34260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}