Anelik Bank launches two new types of collateral loans

YEREVAN, March 25. / ARKA /. Anelik Bank has announced today two new, ‘flexible’ types of collateral loans ‘Gold Plus” and “Gold-Secured,” designed specifically for customers who wish fast and affordable solutions to their financial problems.

“Gold Plus” allow borrowers to get a loan worth 150 percent of the collateral’s value with a maturity of 12 months.

The second type of the loans allows borrowers to get an amount worth 110% of the collateral’s value with a maturity of 24 months. The maximum amount of the loan is up to 3 million Armenians drams or $7,500.

Astkhik Martirosyan, head of a bank unit in charge of public affairs, was quoted as saying in a press release that the bank continues to introduce new tools and improve current terms of lending by offering customers more affordable products.

“The purpose of Anelik Bank is to be closer to its customers. Very soon both individual and legal customers will find a bank tool that meets their desires best,” she said.

Anelik Bank was created in 1990 to handle financial flows between Russia and Armenia. In 2012 its 100 percent shares were acquired by Lebanese CreditBank SAL. -0-

spot_img

POPULAR

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

Special symphony concert: results of trilateral cooperation summed up

Acba Bank, the Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia summed up the results of musical and cultural projects jointly implemented over many years.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

LATEST NEWS

spot_imgspot_imgspot_img