Unibank’s private lending portfolio triples in one quarter to 54 billion drams

YEREVAN, May 13. /ARKA/. Unibank said today that its private lending portfolio amounted to 54 billion drams as of late 2016 March, while the number of loans exceeded 173,000.

“In the first quarter alone the Bank provided 34,000 retail loans, by 3 times more than in the first quarter of 2015. As a result, the retail business profit plan was exceeded by almost 2.5 times amounting to 822 million drams,” the Yerevan-based bank said in a press release.

According to the press reelase, the lending procedure at Unibank is as simple and quick as possible. Clients can visit any branch of the bank or a promotional point at supermarkets and large stores and find out the bank’s decision on loan granting in one minute. This efficiency has been achieved due to the introduction of CRM system.

Unibank has an extensive service network, which is also an advantage in terms of providing convenient services. The service network includes 45 branches and 54 promo points. Unibank is cooperating with more than 1,000 trade and service enterprises. The bank plans to expand the service network this year not only by opening  new branches, but also  increasing the number of promotional points and the number of partner stores.

The bank accepts also online applications for consumer loans, which can be submitted without visiting the bank. Repayment of loans is also as simple and quick as possible. It can be carried out with the help of a bank employee, and independently by using payment terminals, located in all bank branches and large shopping centers.

In May Unibank has announced a new U-Gold + campaign, making available loans of up to one million drams secured by gold at an interest rate of 20% and repayment period of 5 months.
Unibank was founded in October 2001. In 2002 it introduced Unistream system. Its only shareholder is Glover Holding LTD. In 2015 the Bank was reorganized into an open joint stock company.

spot_img

POPULAR

Unibank Launches Biometric Identification in UNIMobile App

Unibank has announced the launch of biometric identification in its UNIMobile mobile application.

30 years of trust, partnership, and shared values: Ameriabank CEO congratulates ARKA on its anniversary

Ameriabank CEO Artak Hanesyan congratulated ARKA News Agency on its 30th anniversary.

Summer starts with iced coffee, what if it brings bonuses too? Idram&IDBank

Summer is already in the air across Yerevan. People are choosing to walk more, work from open-air cafés, meet friends outdoors, or simply pause for a few minutes to enjoy their favorite iced latte.

Unibank Launches Fee-Free Online Payroll Card Issuance

Unibank has introduced the option of remotely applying for Arca Classic payroll cards free of charge.

Yerevan’s budget revenues for the first four months amounted to 31.6 billion drams, with a 111.2% performance rate

From January to April 2026, the Yerevan budget actually received 31.6 billion drams of its planned 28.5 billion drams in revenues, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img