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 Tuesday, May 12 2020 18:46
Alina Hovhannisyan

UCORA issued a statement in connection with the protest "No to credit  organizations"

UCORA issued a statement in connection with the protest "No to credit  organizations"

ArmInfo. The Union of Credit Organizations of the Republic of Armenia (UCORA) considers the provocative work style unacceptable. This is stated in the official  statement of the Union, published after the protest rally of citizens  held the day before with the slogan "No to credit organizations"  opposite the building of the Central Bank of Armenia.

"The Union of Credit Organizations of Armenia condemns the calls for  violence by citizens and urges to refrain from provocative actions,"  the source said.

Recently, according to the report, dissatisfaction of citizens with  the activities of credit organizations has become threatening and  accompanied by attempts to hinder the normal activities of the  latter. <Credit organizations occupy a special place in the financial  system of the Republic of Armenia and provide the population with  fast microfinance products. In connection with the state of  emergency, credit organizations applied an individual approach to  numerous citizens, came to agreements on repaying loans, and drew up  new schedules.

Unconditionally recognizing the right of citizens to express their  will, and understanding the difficulties associated with fulfilling  loan obligations, we urge not to succumb to provocations, instead try  to find the facets of cooperation with credit organizations that are  ready to meet and treat their borrowers with understanding under the  current conditions>, - UCORA said in a statement.

Recall that today, in front of the building of the Central Bank of  Armenia, a protest rally was held under the slogan "No to credit  organizations". The protesters demanded a meeting with  representatives of the Central Bank. They complained about high  interest rates on loans provided by credit organizations, expressed  dissatisfaction with the fact that no one from the Central Bank  wanted to speak with them, and insisted on the revocation of licenses  from credit companies. Previously, protesters called for the Central  Bank's doors to be blocked, but on the other hand they complained  that they did not want to accept them and hear them from the Central  Bank. Several citizens were detained, but other protesters blocked  the way to the police car. Despite this, the police nevertheless  pushed several activists into cars and drove away. Note that  protesters subjected to the drive have already been released. 

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