Unibank launches new U-Auto program for car creditingJune 29, 2009 - 20:24 AMT PanARMENIAN.Net - Unibank launched a new program for car crediting U-Auto, within the framework of which loans up to $70 thousands are issued for purchasing car in the primary market, the bank's press office reported. The loan is provided for the term of 4 years, the annual interest rate in USD starting from 20%, minimum prepayment - 20%. The program provides for the right of the customer to fully or partially repay the debt ahead of time without collection of commission fees. As of May 31, 2009, Unibank portfolio of car credits made $24.6mln. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. 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. |