ArmInfo.As of April 27, commercial banks and credit companies of Armenia provided loan repayment holidays to 470 thousand individuals and 14.6 thousand legal entities. ArmInfo was informed about this in the press service of the Union of Banks of Armenia.
According to the source, 758 325 loans to individuals for 26.5 billion drams and 16 356 loans to legal entities 48.3 billion drams were granted loan holidays.
According to commercial banks, 698,302 loans provided to individuals worth 21.7 billion drams were revised, and - 12,788 loans worth 46.7 billion drams to legal entities.
To recall, in connection with the spread of the coronavirus pandemic and, as a result, the declaration of a state of emergency in the country on March 16, the commercial banks of Armenia initiated loan repayment holidays for RA citizens starting from March 13.