Business loan campaign

Business loan campaign

Get business loans on favorable terms at IDBank

Currency
$
Interest rate
from 5%
Repayment term
up to 60 months
Amount
Starting from 20,000,000 AMD equivalent of US dollars

General

General
Tariffs
Business loan campaign

IDBank offers long-term and short-term loans on preferential terms for the development of your business, starting from 5% annually.
Preferential credit conditions are valid until 31/07/2023 inclusive.

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.
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)
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.
*
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.
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)
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.
*
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.

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

Code
+374 (Armenia)
+375 (Belarus)
+7 (Russia)
+32 (Belgium)
+1 (USA)
+1 (Canada)
+49 (Germany)
+86 (China)
+995 (Georgia)
+380 (Ukraine)
+33 (France)
+39 (Italy)
+34 (Spain)
+971 (UAE)
Branch
Vanadzor branch
"Echmiadzin” branch
Davtashen branch
Gyumri branch
IDBank Head Office
Abovyan branch
“Vardanants” branch
"Shengavit" branch
"Nor Nork" branch
"Malatia" branch
"Centre" branch
"Baghramyan" branch
"Arabkir" branch
"Erebuni" branch
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/THE BANK CONTROLLED BY THE CENTRAL BANK OF ARMENIA/
Information updated 18.05.2023 03:52
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