April 8, 2009 - 22:39 AMT
Armenia to get extra 20 million euro from KfW
Mortgage credits total AMD 84 billion in Armenia, Central Bank chairman Arthur Javadyan said.

He also informed that KfW's program implemented through the German-Armenian Fund has 1 million euro balance and negotiations for extra 20 million euro are underway.

"There is another program envisaging creation of mortgage fund with AMD 5 billion as initial capital," he said.