ARDSHININVESTBANK MAY RAISE INTEREST RATES

arminfo
2008-05-22 15:03:00

ArmInfo. Ardshininvestbank does not rule out changing of conditions
when giving credit, Chairman of Ardshininvestbank Board Aram Andreasyan
told ArmInfo correspondent.

He also added that next week credit department of the bank is going
to discuss the issue. ‘As resources at the world market have risen
in price, we may also raise the interest rates by 1-2% for all the
credits’, – he said.

Andreasyn also added that the bank is going to increase its credit
portfolio up to 100 bln drams till the end of the current year. This
index was 59.4 bln drams on 31 December 2007.