Loans on favorable terms provided to 35 victims of political repressions in Armenia in 2010

PanARMENIAN.Net - Loans on favorable terms at the amount of AMD 168.2mln were provided to 35 victims of political repressions or their heirs in Armenia in 2010.

The loans are granted for 25 years at 1% annual interest rate.

As of December 30, 2010, loans at the amount of AMD 1.1bln were provided to 273 victims of political repressions as part of this program.

Loans to victims of repressions have been allocated since 2001.

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