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Routing

borrowers with poor credit history seeking a consolidation mechanism to pay off multiple debts

Lead body

Central Bank of Armenia

Unit: No unit assigned.

Resolution path

Resolution path
Information or clarification
Feasibility
Requires rule or budget change
Expectation alignment
Cannot be met
Expectation note
Commercial banks independently assess credit risk and make lending decisions; the Central Bank cannot mandate the consolidation of non-performing loans.

Other bodies involved

Nothing to show.