Supporting institution
NMC
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Last updated: March 2025
NMC (National Mortgage Company) was established by the Central Bank of Armenia, and cooperates with banks and credit organizations to provide long-term refinancing loans with low interest rates, to make mortgage loans affordable for low- and middle-income households across Armenia.
For refinancing purposes, NMC has used both equity and debt, and a long-term loan from the government of Armenia, as well as KfW, AFD, EU, and BSTDB funds.