Which Banks Have Provided Loan Holidays and Which Haven't: Details

We present a list of banks that have already established loan holidays for certain borrower segments or have made some type of offer:

The following banks have set loan holidays:

• Araratbank will offer its customers a loan holiday upon request starting from March 16 for a period of two months.
• AAMeribank was the first to announce a loan holiday from March 13 to May 13.
• Ardshinbank will not apply penalties on citizen loans until May 15, while for businesses, it will provide an individual approach.
• Artsakhbank will not impose penalties on loans until May 1.
• Byblos Bank has granted loan holidays until May 16.
• IncoBank will not apply penalties on overdue loans until April 30.
• Haybusinessbank has deferred the scheduled repayments of personal loans until May 30.
• Hayekonombank will not impose penalties until May 17 but advises income-generating individuals to meet their loan obligations.
• UniBank has established a flexible repayment schedule for loans until April 14.
• Evocabank has provided loan holidays until May 17.
• Conversebank has given its customers the option to defer loan repayments until May 15 if necessary.
• VTB Bank Armenia, as a manifestation of social responsibility, offers physical person borrowers a two-month delay on loan repayments. This benefit applies to both AMD and foreign currency loans for both the principal and interest repayments.
• ID Bank has decided to allow its physical person customers the opportunity to make loan repayments on a flexible schedule that suits them from March 17 to April 17. During this period, no penalties will be applied for non-fulfillment of loan obligations, the loan will not be classified, and the borrower's credit history will not be adversely affected.
• Melat Bank has established some privileges.

Banks that have not provided privileges include:

• HSBC Bank has not provided any privileges.
• Armswissbank has not provided any privileges.