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    Categories: 2020

Ameriabank postpones loan repayments for 2 months over coronavirus fears

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 16:02,

YEREVAN, MARCH 13, ARMENPRESS.   To prevent coronavirus, as well as to avoid crowding in the bank's branches, Ameriabank has decided to provide all its individuals and individual business customers with a "credit vacation" from March 13 to May 13, 2020, ARMENPRESS reports the Bank issued a statement.

“To prevent coronavirus, as well as to avoid crowding in the bank's branches, Ameriabank has decided to provide all its individuals and individual business customers with a "credit vacation" from March 13 to May 13, 2020.

“To prevent coronavirus, as well as to avoid crowding in the bank's branches, Ameriabank has decided to provide all its individuals and individual business customers with a "credit vacation" from March 13 to May 13.All individuals and individual entrepreneurs during this period may fail to make regular repayments of their loans, including principal, accrued interest, servicing and other payments, which will not result in any adverse effect.

Loan interest rates of its individuals and individual business customers will be calculated and distributed over the remaining months of the loan in accordance with the newly drawn schedule that the customers can receive through the pre-selected communication method they have selected.

Ameriabank continues urging all its customers to use the Bank's Remote Service and 24/7 Contact Center by calling +374 10 561111”, reads the statement.

8 cases of the novel coronavirus (COVID-19) have been confirmed in Armenia since March 1, 2020 

Edited and translated by Tigran Sirekanyan

Emil Karabekian: