Government Must Collaborate with Banks: MP on Credit Issues of Families of Fallen and Missing Soldiers

Families of soldiers who died or went missing during the Artsakh war have credit obligations but have not received financial support. Banks respond that loans can be canceled if they are in the name of the deceased or missing individual. Independent MP Sofia Hovsepyan addressed this issue from the National Assembly podium.

The MP emphasized that an 18-year-old conscript could not have a loan, and the banks' offer only applies to volunteers. “Families of the fallen and missing have credit obligations, and they have not received any support at this time and face challenges in loan repayments. These individuals are in contact with banks, and the banks respond that they can make concessions and cancel the loan if it were in the name of the deceased or missing. However, this is literally impossible, as no one would have granted a loan to an 18-year-old, and the chances are very low that any conscript would have had a loan. This indicates that the offer only applies to volunteers,” said Sofia Hovsepyan.

She noted that family members of missing soldiers visit various places daily, incur significant expenses, and are unable to meet their credit obligations. Based on Sofia Poghosyan's proposal, the government should collaborate with banks to extend loan repayment terms. “The government must pay attention to this issue and take actions with the banks. In particular, families with missing soldiers who have not yet found their deceased loved ones visit various places daily and have large expenses. None of them can meet their credit obligations at this time; therefore, the terms should be extended in agreement with the banks, or subsidies should be provided. We need to find a solution so that these families do not face severe challenges,” emphasized the MP.