Fines and penalties of 14,963 creditors lifted by banks

Armenia’s acting Prime Minister Nikol Pashinyan wrote in Facebook that as a result of carried out legislative changes in July Armenia’s banks have lifted fines and penalties amounting to more than 7 billion AMD to 14,963 creditors.

“As a result of legislative changes in July Armenian banks lifted fines and penalties to 14,963 creditors. Loan histories of 124,000. This process is continuous,” he wrote.