  Areximbank-Gazprombank Group to allocate $6.5mln for mortgage development April 8, 2011 - 17:21 AMT PanARMENIAN.Net - Deputy CEO of Areximbank-Gazprombank Group CJSC Vigen Barseghyan said that the bank will allocate $6.5mln for mortgage development. “In 2011, we are going to do our utmost for active implementation of programs on mortgage lending,” he said. According to Barseghyan, a large bank should not keep away from any type of banking business, while normal bank’s portfolio should be diversified. “That’s why we are not going to reject lending to individuals,” he said. Barseghyan noted that the bank has been operating in the market of mortgage lending for several years, has a good experience and periodically decreases interest rates for mortgage loans.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year  German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |
