Gold Standard

Loan type

“Gold Standard”

Purpose

other

Currency

AMD

Minimum amount

AMD 30,000

Maximum amount

AMD 30,000,000

Method of loan disbursement

non-cash transfer via current account

Term

3 - 6 months

Annual nominal interest rate

16%

Annual effective interest rate

17.79% - 18.31%

*

In the case of lending to physical entities engaged in trading and/or gold production, as well as in the case of transfer of gold secured loans from other banks or financial organizations, the interest rate is set at 0.5% below the specified interest rates if the client presents a receipt of repayment of the loan, with a limitation period not exceeding 5 working days.

Fees

NE

Maximum loan/collateral ratio

Up to 100% (in accordance with clause 15 of these terms and conditions)

Grace period of loan repayment

NE

*

In case of using the grace period of loan repayment, the nominal annual interest rate of the loan is set at the current interest rate +1%.

Term

4 - 6 months

Annual nominal interest rate

19%

Annual effective interest rate

20.87% - 20.93%

*

In the case of lending to physical entities engaged in trading and/or gold production, as well as in the case of transfer of gold secured loans from other banks or financial organizations, the interest rate is set at 0.5% below the specified interest rates if the client presents a receipt of repayment of the loan, with a limitation period not exceeding 5 working days.

Fees

NE

Maximum loan/collateral ratio

Up to 100% (in accordance with clause 15 of these terms and conditions)

Grace period of loan repayment

NE

*

In case of using the grace period of loan repayment, the nominal annual interest rate of the loan is set at the current interest rate +1%.

Term

12-60 months

Annual nominal interest rate

Loan-to-collateral ratio/loan term (month)։12-36

Up to 70%։ 16.7%-17.2%

71% - 90%։ 17.7%-18.2%

91%-100%։ 18.7%

Annual effective interest rate

18.12% -20.62%

*

In the case of lending to physical entities engaged in trading and/or gold production, as well as in the case of transfer of gold secured loans from other banks or financial organizations, the interest rate is set at 0.5% below the specified interest rates if the client presents a receipt of repayment of the loan, with a limitation period not exceeding 5 working days.

Fees

NE

Maximum loan/collateral ratio

Up to 115%

The loan/collateral ratio may be set 15% above the ratios specified in clause 15 of these terms and conditions if the Client wishes to purchase accident insurance.

Grace period of loan repayment

During the first 6 months of loan repayment, only loan interest payments are made

*

In case of using the grace period of loan repayment, the nominal annual interest rate of the loan is set at the current interest rate +1%.

Insurance

Optional. For loans up to AMD 2 500 000, accident insurance (AI) is provided at the borrower’s request for a term of one year. Other terms - in accordance with the terms of cooperation with REGO Insurance ICJSC.

Insurance premium - 10% of the loan amount available to the client under the option without accident insurance, which is included in the loan amount and transferred to the relevant account of the insurance company.

Requirements for the borrower։In the case of a loan/collateral ratio of 95%

1) physical entity, who is over 18 years old at the moment of loan disbursement and whose age does not exceed 70 years by the loan maturity

2) The borrower shall not have any overdue loan obligations at the moment of loan disbursement

3) During the 6 months preceding the issuance of the loan, the borrower shall not have a loan classified more strictly than “observable”

Requirements for the borrower։In the case of a loan/collateral ratio of 100%

1) physical entity, who is over 18 years old at the moment of loan disbursement and whose age does not exceed 70 years by the loan maturity

2) The borrower shall not have any overdue loan obligations at the moment of loan disbursement

3) During the 12 months preceding the issuance of the loan, the borrower shall not have a loan classified more strictly than “observable”

4) The total overdue days in terms of loan principal amount and/or interest repayments of loans (credit line, overdraft etc.) received by the borrower within the 12 months preceding the loan disbursement date shall not exceed 60 days.

5) the borrower must have a credit history of at least 6 months. This point does not apply if the total sum of the balances of the provided loan and the loans secured by the gold collateral held by the client does not exceed AMD 500 000 (including).

*

If a loan is provided at a loan/collateral ratio exceeding the ratios specified in this clause, the client must have serviced a gold secured loan in the financial and banking system for at least 6 months

Bank account opening/closure fee

In accordance with the tariffs in force in the Bank available at the following link: Information bulletin on bank accounts

Commission for encashment of loan amount

NE

Penalty for overdue principal amount (for each day of delay)

0.10%

Penalty for overdue interest amount (for each day of delay)

0.10%

Early repayment of the loan amount

NE

Requirements to the subject of pledge

1) Gold bullion bars, gold items and scrap gold may be the subject of pledge.

2) White gold, as well as products containing 30 percent or more of white gold, or products that cannot be evaluated without the weight of their white gold component cannot be the subject of pledge.

3) Loans are not provided for the artistic value of gold items, as well as precious and semi-precious stones attached to gold items.

*The evaluation of the subject of pledge is carried out by a jewelry expert according to the tariffs in force in the Bank for that day.

Required documents and information

1) identity document (original)

2) social card/public services number/ or number of statement on absence of public services number (if any) (original)

3) Physical entities engaged in trade and/or gold production, as substantiation of their activity, shall submit a premises lease agreement (no notarization is required).

4) email address of the client

Factors for loan issuance

Compliance with the Bank's lending conditions

Factors for loan denial

1) Overdue loan liabilities at the time of the loan issuance,

2) Failure to present the required documents,

3) Suspicions over the borrower’s identity or identity documents,

4) Suspicions regarding the rate of gold during the verification of authenticity of the collateral, submission of false or unreliable information or forged documents,

5) Availability of information about the client that casts doubt on the information provided/revealed to the Bank by the Client,

6) Availability of information about the client that casts doubt on the repayment of the loan,

7) Unavailability of the client's email

8) the client shall not be included in the Bank’s list of undesirable clients

Maximum term for decision-making

loan application submission day

Term for notifying the client of the decision

loan application submission day

Loan disbursement term

loan application submission day

Place of acceptance of loan application

all branches of the Bank, except for “Vardanants”, “Centre”, “Old Yerevan”, “Hrazdan”, “Armavir” and “Artashat” branches

Place of arrangement and disbursement of loan

all branches of the Bank, except for “Vardanants”, “Centre”, “Old Yerevan” “Hrazdan”, “Armavir” and “Artashat” branches

*

In the case of gold secured card loans, no payment card is provided if the client already has a valid payment card within the framework of this product.

*

After full repayment of the loan, the collateral is returned to the pledger within one working day.

If after full repayment of the loan, the client fails to visit the Bank to receive the pledged gold items, a commission of AMD 100 is charged for each day of delay starting from the 30th day.

Date

28.09.2026

Assay

The price of 1 gr. of gold (AMD)

375

18,700

500

24,900

560

27,900

585

29,100

750

37,300

875

43,500

900

44,800

958

47,600

999

49,700

Date

28.09.2026

Assay

The price of 1 gr. of gold (AMD)

375

19,000

500

25,300

560

28,300

585

29,600

750

37,900

875

44,200

900

45,500

958

48,400

999

50,500

Information regarding credit history and credit score

You can learn about the importance of credit history and credit score here․

Details via abcfinance.am and acra.am links.

1

ATTENTION: INTEREST PAYMENTS ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE. THE ANNUAL EFFECTIVE PERCENTAGE RATE INDICATES THE TOTAL COST OF THE LOAN TO YOU, INCLUDING INTEREST PAYMENTS AND ALL MANDATORY FEES RELATED TO THE ISSUANCE AND SERVICING OF THE LOAN, PROVIDED THAT ALL PAYMENTS ARE MADE IN THE AMOUNTS AND WITHIN THE TIMEFRAMES SPECIFIED IN THE LOAN AGREEMENT.

2

THE PROCEDURE FOR CALCULATING THE ANNUAL EFFECTIVE PERCENTAGE RATE IS PRESENTED WITH THIS LINK.

3

The Bank has the right to unilaterally amend the material terms of the loan, including the loan interest rate, or to require early partial or full repayment։ RULES FOR LENDING UNDER MASTER LOAN AGREEMENT CONCLUDED WITH “ID BANK” CJSC

4

A POOR CREDIT HISTORY MAY HINDER THE CUSTOMER’S ABILITY TO OBTAIN A LOAN IN THE FUTURE.

5

IN THE EVENT OF OVERDUE OBLIGATIONS, REPAYMENTS SHALL BE APPLIED IN THE FOLLOWING ORDER: EXPENSES INCURRED FOR DEBT RECOVERY, INCLUDING COURT COSTS (IF ANY), PENALTIES ON INTEREST, PENALTIES ON THE LOAN PRINCIPAL, INTEREST, SERVICE FEES AND COMMISSIONS (IF ANY), AND THE LOAN PRINCIPAL. THE BANK RESERVES THE RIGHT TO UNILATERALLY CHANGE THE ORDER OF REPAYMENT SPECIFIED IN THIS CLAUSE AT ANY TIME.

6

Disputes arising between the parties may be resolved through the courts or through the Financial System Mediator (in accordance with the procedure established by the RA Law on the Financial System Mediator), address: 15 M. Khorenatsi Street, Elite Plaza Business Center, 7th Floor, Yerevan 0010, Republic of Armenia, e-mail: [email protected], telephone: (+37460) 70-11-11, fax: (+37410) 58 24 21. Furthermore, if the amount of the property claim does not exceed AMD 250,000 (two hundred fifty thousand) or its equivalent in foreign currency, the decisions of the Financial System Mediator may not be challenged by the Bank.

7

The Bank may, for the purposes of customer due diligence as required by the RA Law on Combating Money Laundering and Terrorist Financing, request additional documents or information based on the “Know Your Customer” (KYC) principle.

8

Pursuant to the agreement concluded with the United States under the Foreign Account Tax Compliance Act (FATCA), the Bank may collect additional information to determine whether the customer is a U.S. taxpayer, as well as to provide the State Revenue Committee of the Republic of Armenia with information on customers who are foreign tax residents in accordance with the Common Reporting Standard (CRS) of the Organisation for Economic Co-operation and Development (OECD), as prescribed by the RA Tax Code.

9

THE BORROWER HAS THE RIGHT TO COMMUNICATE WITH THE BANK THROUGH THE METHOD OF THEIR CHOICE, EITHER BY POSTAL MAIL OR ELECTRONIC MEANS. RECEIVING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT OPTION. IT IS AVAILABLE 24/7, ELIMINATES THE RISK OF LOSING PAPER DOCUMENTS, AND ENSURES CONFIDENTIALITY.

10

DURING THE TERM OF THE LOAN AGREEMENT, INFORMATION ON THE TERMS FOR THE PROVISION OF STATEMENTS, DUPLICATE STATEMENTS, AND CERTIFICATES IS AVAILABLE AT THE FOLLOWING LINK: Tariff։

11

The list of the Bank’s branches and ATMs, as well as their addresses and business hours, is available at the following link: Branches and ATMs:

12

ATTENTION: WHEN APPLYING FOR A LOAN, THE LENDER WILL PROVIDE YOU WITH AN INDIVIDUAL SHEET OF THE ESSENTIAL TERMS OF THE CONSUMER LOAN, WHICH WILL PRESENT THE INDIVIDUAL TERMS OF THE LOAN TO BE PROVIDED TO YOU.

13

WARNING: YOUR PROPERTY (HOME, VEHICLE, OR OTHER ASSETS) MAY BE SEIZED IN ACCORDANCE WITH THE LAW IF YOU FAIL TO MAKE TIMELY PAYMENTS OF INTEREST AND REPAY THE LOAN AMOUNT.

14

After the loan is fully repaid, the pledged collateral is returned to the pledgor within one business day. If, after full repayment of the loan, the customer does not appear to collect the pledged gold items, a fee of AMD 100 will be charged for each day starting from the 30th day.