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-