Tuesday, February 20 2018, 17:46
ArmInfo. In Armenia, against the background of a fall in property prices, the mortgage is gaining momentum. According to the Financial Rating of the Armenian Banks prepared by IC ArmInfo, parallel to this, the volume of bank mortgage lending came out of the 1.5% decline by 14.4%, to 215.2 billion drams or $ 444.5 million, which was accompanied by a decrease in mortgage rates loans for 2017 from 12.2% to 10.6% on average. Meanwhile, over the past year the average market value of housing has decreased by 2.8% (against growth of 0.6% in 2016). |
Monday, February 5 2018, 14:35
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Thursday, December 21 2017, 12:56
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Tuesday, December 12 2017, 15:28
ArmInfo. VTB Bank (Armenia), taking into account the development of the mortgage market and the needs of customers, launched a new mortgage product with the option to purchase real estate with a prepayment of only 3%. As the press service of the Bank told ArmInfo, this product acts both for the secondary market and for real estate purchased from developers even in case of unfinished construction. |
Friday, December 8 2017, 16:19
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Thursday, November 23 2017, 20:38
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Wednesday, November 22 2017, 17:32
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I. Telegin: Until late 2017, VTB Bank (Armenia) will increase its retail portfolio to 91 billion AMD
Tuesday, November 14 2017, 15:06
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Tuesday, October 24 2017, 18:48
ArmInfo. Ameriabank announced the launch of two credit campaigns - for SMEs and individuals, the terms within which will be established under the new methodology. This October 24, said the director of Ameriabank retail banking Arman Barseghyan, noting that the campaigns will be in effect until December 30 this year. |
Wednesday, October 18 2017, 14:27
ArmInfo. Converse Bank, which is leading in Armenian banking system for mortgage lending, has improved the terms of the loans provided under the Affordable Housing for Young Credit program. As ArmInfo was explained in the press service of the Bank, the maturity is extended to 20 years, and the annual interest rate is set at 8.5%. Moreover, the specified interest rate is applicable throughout the territory of Armenia. |
Tuesday, September 19 2017, 18:09
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Thursday, September 14 2017, 12:24
ArmInfo. The National Assembly of Armenia at the meeting on September 14 in the first reading amended the law "On Housing Mortgage Lending" and in a package of relatedlaws.According to the deputy chairman of the Central Bank of Armenia Nerses Yeritsyan, the bill passed two readings during the previous session of the parliament, but did not pass the third and final one. |
Wednesday, September 13 2017, 17:17
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Monday, September 11 2017, 17:30
ArmInfo. Converse Bank took part in the annual exhibition Armenia Expo-2017, where the guests of the pavilion got acquainted with the conditions of mortgage lending, loans to SMEs, energy efficiency loans, car loans and student loans. As the press service of the Bank told ArmInfo, when choosing products and services presented in the pavilion, Converse Bank took into account the most diverse preferences and requirements of potential clients of different age categories. |
Wednesday, August 30 2017, 12:24
ArmInfo. From now on, it is possible to issue a mortgage loan in the amount of up to 25 million drams for buying / building / repairing real estate at a reduced interest rate from VTB Bank (Armenia) starting from 11.5% per annum when purchasing housing and from 12.5% at construction / repair. According to the press service of the Bank, the mortgage loan can be granted to RA citizens and RA residents, whose age at the time of receiving the loan should not be less than 21 years, and at the time of repayment the loan should not exceed the age of the borrower's retirement. |
Thursday, August 17 2017, 17:02
ArmInfo. The real estate market of Armenia in the first half of 2017, despite the prolonged stagnation of prices, began to show weak signs of recovery. According to the director of the real estate agency "Bars" Marina Chatinyan, an increase in interest in real estate is observed in all market segments, from new buildings to land plots. |