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Armenian Commercial Banks Can Reconsider Loan Issue Conditions

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  • Armenian Commercial Banks Can Reconsider Loan Issue Conditions

    ARMENIAN COMMERCIAL BANKS CAN RECONSIDER LOAN ISSUE CONDITIONS

    PanARMENIAN.Net
    07.04.2009 12:44 GMT+04:00

    /PanARMENIAN.Net/ The Central Bank of Armenia has discussed new
    conversion rules.

    "New rules allow commercial banks to reconsider loan issue conditions,
    including mortgages," CB chairman Arthur Javadyan told PanARMENIAN.Net.

    "Commercial banks can change the schedule and terms of credit repayment
    and monthly payment amount," he said.
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