Wed, 3 September
27.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Ardshininvestbank offers gold-secured consumer loans and Nur Card Express credit line at lower-than-before interest rates

YEREVAN, July 14. /ARKA/. Ardshininvestbank offers consumer loans secured by gold and Nur Card Express credit line at lower annual interest rates than before, the bank’s press office reports.

On July 15, 2014, Ardshininvestbank’s all branches will start extending loans secured by gold at a one-percent-lower interest rate, and from August 18, 2014, and the Nur Card Express credit line interest rates will be downed 4.1%.

“Ardshininvestbank, as one of Armenia’s flagship banks providing retail services, is always trying to provide competitive high-quality services to it clients,” Arthur Gyulazyan, the bank’s retail business director, said on Friday.

He said the bank will probably lower interest rates also on other types of consumer loans.
Gyulaztan said additional loan amounting up to AMD 1 million will be offered to all fair borrowers without requirement to enlarge the guarantee.

The bank’s offer to extend a new type of Nur Card Express loan, Nur Card Gold Express, takes force on July 15. It means credit lines up to AMD 1.2 million or the equivalent amount in dollars will be available at 17.9% and 14.9% interest rates respectively.

Ardshininvestbank received its license for banking activities from the Central Bank of Armenia on February 27, 2003.

Ardshininvestbank has 49 branches in Armenia six in Nagorno-Karabakh Republic and one office in Paris.

The bank’s assets totaled AMD 277.5 billion liabilities AMD 232.8 billion and credit investments AMD 166.6 billion in early April 2014. Its capital amounted to about AMD 44.7 billion in early April and net profit for the first quarter of this year AMD 1.5 billion (48.6% year-on-year growth). ($1- AMD 407.52). —0—–

spot_img

POPULAR

Acba Bank and NABU partner to clean  2 km stretch of Lake Sevan of plastic (VIDEO)

As part of the Clean Future for Lake Sevan initiative, Acba Bank in partnership with the  German Nature And Biodiversity Conservation Union (NABU), is assisting in the cleanup of Armenia's largest water body from plastic and other debris, according to the bank's press service.

Armenia should develop technologically: Eqwefy CEO on economic challenges and new opportunities

The investment environment in Armenia continued to develop over the past year, despite global economic challenges.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img