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YHU Scientific Journal, Vol 8, p.5-13, 2023

PROBLEMS OF THE RA CONSUMER CREDIT MARKET ACTIVITY

V. Bostanjyan, G. Kirakosyan

Yerevan State University

Accepted 01.08.2023

DOI: 10.61484/29538181-ss.8.23-5

Abstract. The article is devoted to the research of the consumer loans market of the Republic of Armenia. The volume and structure of consumer loans, the problems of lending in this direction and ways to solve them were analyzed. The main approaches to the implementation of responsible lending were discussed and specific proposals in this direction were presented.
Keywords: banking system, lending, financial and credit organizations, credit facilities, creditworthiness, financial stability