Dear Clients,


In the result of joint discussion with the Central Bank of the RA, Union of Credit Organizations of the Republic of Armenia resolved:


Conditioned by the martial law, fines and penalties shall not be applied towards the conscripted or volunteering clients of the credit organizations.


In case of not making the monthly credit repayments after September 27, 2020 and submitting the statement provided by the Military Commissariats, the non-repayments shall not be considered as delay and the information shall not be reflected in the Credit Registry.