April 7, 2009 - 13:44 AMT
Armenian commercial banks can reconsider loan issue conditions
The Central Bank of Armenia has discussed new conversion rules.

"New rules allow commercial banks to reconsider loan issue conditions, including mortgages," CB chairman Arthur Javadyan told PanARMENIAN.Net.

"Commercial banks can change the schedule and terms of credit repayment and monthly payment amount," he said.