Uniastrum Bank to launch non-resident lending by November

YEREVAN, October 10. /ARKA/. Uniastrum Bank, which launched lending to the residents of the Russian Federation- clients of UNIStream money transfer system, also plans to offer non-resident lending, the bank’s president Gagik Zakaryan said in the interview with РБК daily, Banki.ru reports.
He said the pilot project on UNIstream clients lending was kicked off  in July and showed that “these clients are reliable.” He added that the loan amount is 100,000—150,000 rubles.

“They can be consumer credits for two-three years and over ( now we try to allocate credits for five years), cards with overdrafts,” he clarified.

“When we started working at this niche, we realized that it is not so risky as we had thought. UNIStream clients who constantly transfer money to their relatives within two-three years once a month or two months, have stable income, try not to lose their job, and will serve the debt appropriately,” he explained the bank’s interest in this category of borrowers.

Even though there are many citizens of other countries among UNIStream customers, RF residents only are eligible for the Uniastrum  Bank’s lending. However, in perspective the range of borrowers will be expanded.

“Non-resident lending project is in the process of development, and we plan to launch it by November,” Zakaryan clarified. —0-

spot_img

POPULAR

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

LATEST NEWS

spot_imgspot_imgspot_img