Armenian Post Establishes 'Post Credit' Loan Organization

Armenian Post LLC has applied to the Central Bank of Armenia for the registration and licensing of its newly founded subsidiary loan organization, 'Post Credit'. This information was provided by the company’s press service.

According to the announcement, the loan organization will operate mainly in the following areas: consumer lending programs, agricultural lending programs, and financing for small and medium-sized enterprises engaged in production and trade, as well as loans for family businesses and the development of renewable energy and green economy loans.