Haykakan Zhamanak: Armenian bank provides credit to Nairit Plant

With the mediation of the government, one of Armenia’s largest banks provided a credit of over AMD 5bn for payment of back salaries of Nairit Plant workers, Haykakan Zhamanak reports.

The credit was provided to an Armenian state energy company, High-Voltage Electric Networks of Armenia, which transferred it as a loan to Nairit, the newspaper writes.