Provide liquidity, stability and affordability to the mortgage market in Armenia.
Our Main Goal
Create conditions to make mortgage loans affordable for low- and middle-income families across Armenia and improve those families’ housing conditions.
Our Long-Term Goal
Closely interlink housing refinancing and capital markets through mortgage bonds, which will facilitate the accomplishment of our mission and the main goal.
Operating in the secondary mortgage market, we do not directly work with ultimate borrowers/households. We cooperate with banks and credit organizations providing them with long-term refinancing loans with low interest rates, which, in turn, makes mortgage loans affordable for households.
For refinancing purposes we use our own resources, including both equity and debt, long-term loan from Government of RA, as well as KfW, AFD, EU, and BSTDB funds.