Yerevan, July 22 /Mediamax/. Cascade Bank expressed readiness to help the fellow countrymen leaving Lebanon for Armenia in the light of intensification of hostilities.

Taking into account the fact that taking cash money from Lebanon is difficult today, before coming to Armenia all interested individuals may open accounts in the Cascade Bank, transfer their funds to these accounts and receive their money upon their arrival to Yerevan, the bank’s statement reads.

Cascade Bank also stands ready to grant micro credits to those coming from Lebanon. To receive these credits the relatives or the friends of the potential borrower will have to offer guarantees.

The Yerevan "Azg” newspaper hailed Cascade Bank’s this initiative urging at the same time to take into account the fact that “the majority of Lebanese banks is not functioning and the majority of savings of Lebanese Armenians is kept in the banks”.