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Bank to forgive penalties and fines on loans
2018-07-03

From August 1 ACBA-CREDIT AGRICOLE BANK is ready to cooperate with all individual customers, who had bad consumer or agricultural loans at the bank as of May 31, 2018 in order to zero all accumulated fines and penalties on these loans.

Above mentioned customers should visit a branch of the Bank to conclude reconciliation or on-lending contracts. Under these contracts the bank will cede the penalties and fines accumulated in the past, and while the borrowers will have to pay the principal amount of the loan in accordance with the procedure and new repayment schedule to be set by the new contract. On-lending contracts will be concluded for a period of up to four years.

In case of any discrepancies in the information contained in the Site, as well as inaccurate texts in a foreign language, please be guided by the Armenian version. 23.08.2018 11:17
Acba bank is supervised by the CBA.
82-84 Aram Street, Yerevan, Armenia
E-mail: acba@acba.am