Wed, 30 April
11.1 C
Yerevan
USD: 389.45 RUB: 4.78 EUR: 443.12 GEL: 141.62 GBP: 521.16
spot_img

Ameriabank announces special terms of car loans effective throughout women’s month

YEREVAN, March 12. /ARKA/. Ameriabank has announced special terms of car loans that will be effective from March 8 to April 7, a time span marked in Armenia as Women’s Month. In a press release the bank said special loan terms will be for cars costing up to 15 million drams, which must be bought from Muran (Nissan), Carcomauto (EGEOUT), Megna (RENAULT) and Fora ( FORD, RANGE ROVER, VOLVO) car selling firms.
More specifically, special terms include an 8% down payment and a seven year repayable period. The loans are provided at the annual rate of 15% in Armenia’s national currency, the dram.
Overall, Ameriabank offers loans for purchase of cars from primary and secondary markets. It cooperates with 13 car dealers and this list is constantly expanding. The Bank also allows earlier repayment of loans without penalties. Ameriabank offers also a wide range of consumer loans, including loans for personal needs, education, medical treatment, recreation and others.
“Ameriabank will be expanding the list of its consumer credits this year along with offering more favorable credit terms,” the press release said.
Ameriabank is a universal bank that provides investment, corporate and limited retail banking services. It is owned fully by Troika Dialog, one of the largest investment banking companies in Russia. -0-

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Armenian Banks Contribute AMD 28.3 Billion in Taxes During Q1 2025

In the first quarter of 2025, all 18 commercial banks in Armenia ranked among the top 1,000 taxpayers, collectively contributing AMD 28.3 billion in taxes and duties, as reported by the State Revenue Committee.

Armenia’s international reserves rose to $3.9 billion in March, providing 2.9 months of import coverage – WB

Armenia's international reserves increased to $3.9 billion in March 2025, offering 2.9 months of import coverage, according to the World Bank's Monthly Economic Update for April 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img