17/12/2014 11:13
Hraparak: New Year table on credit
‘Hraparak’ paper writes that there are long queues inside Yerevan City supermarkets where customers can obtain credits – on condition that the borrowed money be spent only in those supermarkets to buy products for a New Year festive table. Credits are given for a period of five years at a 21% interest rate. The amounts of credits range from 50,000 to 2 million drams.