CIS Interstate Bank

Nairit's debt to be written off

Nairit's debt to be written off

The Armenian government has approved a draft agreement on writing off Nairit chemical plant’s debt to CIS Interstate Bank. "The draft agreement suggests a concession of the right to credit claims with respect to

Armenia requests debt relief for Nairit plant

Armenia requests debt relief for Nairit plant

The Armenian government is preparing to ask the CIS Interstate Bank to cancel the debt of the Nairit plant. A draft agreement was approved at a Cabinet meeting today.