Unibank launches new U-Auto program for car creditingJune 29, 2009 - 20:24 AMT PanARMENIAN.Net - Unibank launched a new program for car crediting U-Auto, within the framework of which loans up to $70 thousands are issued for purchasing car in the primary market, the bank's press office reported. The loan is provided for the term of 4 years, the annual interest rate in USD starting from 20%, minimum prepayment - 20%. The program provides for the right of the customer to fully or partially repay the debt ahead of time without collection of commission fees. As of May 31, 2009, Unibank portfolio of car credits made $24.6mln. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Lemkin Institute petition seeks release of Armenians in Azerbaijan The Lemkin Institute is deeply concerned about the continued illegal detention of political prisoners from Karabakh in Azerbaijan. Armenian Catholicos calls for national unity against threats Karekin II issued a message on Republic Day marking the anniversary of the First Armenian Republic. Pashinyan: Armenia’s desired goal is “on the horizon” Prime Minister Nikol Pashinyan has said that Armenia is moving forward “without interruption”. Opposition leader, supporters spend night at Sardarapat memorial Police made nearly 300 arrests the day before as Galstanyan and his supporters continued to demonstrate in Yerevan. |