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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |