Ardshininvestbank To Carry Out Large-Scale Mortgage Crediting Only O

ARDSHININVESTBANK TO CARRY OUT LARGE-SCALE MORTGAGE CREDITING ONLY ON “CLASSIC” TERMS

Noyan Tapan
Mar 30 2006

YEREVAN, MARCH 30, NOYAN TAPAN. The Ardshininvestbank will
carry out a large-scale mortgage crediting only on the “classic”
terms, the chairman of the bank’s board Aram Andreasian told NT
correspondent. According to him, it is envisaged that the minimum
loan repayment periods will make 15 years with quite low interest
rates. He noted that this year the bank does not have enough funds
to provide such loans.