General
Campaign goal
Short-term loans secured to legal entities and individual entrepreneurs - residents and non-residents of the RA, for the purposes below․
- acquisition of fixed and circulating assets,
- for other purposes arising from entrepreneurial activity.
- acquisition of fixed and circulating assets,
- for other purposes arising from entrepreneurial activity.
Campaign term
Until 31/07/2023 inclusive
Currency of the loan provided as part of the campaign
USD
The minimum amount of credit provided as part of the campaign
The equivalent of AMD 20,000,000 in US dollars
(according to the exchange rate of the Central Bank of the Republic of Armenia on the day of approval of the application)
(according to the exchange rate of the Central Bank of the Republic of Armenia on the day of approval of the application)
The maximum amount of credit provided within the campaign
Contractual
Minimum and maximum loan term within the campaign
1-12 months
Nominal annual interest rate of the loan provided within the framework of the campaign
Starting from 5%
Loan disbursement commission fee
Not applicable
Loan application processing fee
Not applicable
Loan service fee
Not applicable
Early loan repayment fine
5%
Requirements for securing a loan
Collateral acceptable by the bank, including․- Real property,
- Vehicles,
- Fixed and circulating assets,
- Warranty,
- other property or property right allowed by the RA legislation.
- Vehicles,
- Fixed and circulating assets,
- Warranty,
- other property or property right allowed by the RA legislation.
*
The remaining terms of the loans provided within the framework of the campaign are regulated in accordance with the terms of loans provided to corporate clients of the bank, posted at the following link.
Campaign goal
Medium- and long-term loans secured to legal entities and individual entrepreneurs-residents and non-residents of the RA, for the purposes specified below․
- acquisition of current and fixed assets,
- for other purposes arising from entrepreneurial activity.
- acquisition of current and fixed assets,
- for other purposes arising from entrepreneurial activity.
Campaign term
Until 31/07/2023 inclusive
Currency of the loan provided as part of the campaign
USD
The minimum amount of credit provided as part of the campaign
The equivalent of AMD 20,000,000 in US dollars
(according to the exchange rate of the Central Bank of the Republic of Armenia on the day of approval of the application)
(according to the exchange rate of the Central Bank of the Republic of Armenia on the day of approval of the application)
The maximum amount of credit provided within the campaign
The equivalent of AMD 250,000,000 in US dollars (according to the exchange rate of the Central Bank of the Republic of Armenia on the day of approval of the application)
Minimum and maximum loan term within the campaign
13-60 months
Nominal annual interest rate of the loan provided within the framework of the campaign
Starting from 7.7%
Loan disbursement commission fee
Not applicable
Loan application processing fee
Not applicable
Loan service fee
Not applicable
Early loan repayment fine
5%
Requirements for securing a loan
Collateral acceptable by the bank, including․- Real property,
- Vehicles,
- Fixed and circulating assets,
- Warranty,
- other property or property right allowed by the RA legislation.
- Vehicles,
- Fixed and circulating assets,
- Warranty,
- other property or property right allowed by the RA legislation.
*
The remaining terms of the loans provided within the framework of the campaign are regulated in accordance with the terms of loans provided to corporate clients of the bank, posted at the following link.
Information bulletin terms and tariffs for short-term business loans to corporate clients within the campaign Apply
Annual nominal interest rate starting at 5%
The amount of the loan starts from AMD 20 million, for a period of up to 60 months
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