Wed, 30 April
13.1 C
Yerevan
USD: 389.45 RUB: 4.78 EUR: 443.12 GEL: 141.62 GBP: 521.16
spot_img

Unibank offers gold-secured loans at profitable terms

YEREVAN, April 18. /ARKA/. The Yerevan-based Unibank said today it offers gold-secured loans starting from 19% per annum interest rates. According to a bank’s press release, the largest loan amount is 2 million drams repayable within 36 months.

Loans are provided by the following branches in Yerevan- Malatia, Tamanyan, Acharyan, David Bek and Kochar, as well as by regional branches Abovyan, Etchmiadzin, Sevan, Martuni, Artashat, Gyumri, Vanadzor, Artik and Armavir.

To obtain a loan, customers need to have a passport and a social card. The bank provides an opportunity to repay the loan ahead of schedule without restrictions and fines.

“Thanks to profitable terms, gold- secured loans are available to a large number of customers,’ the press release said.

More information about U-Gold loans is available at the bank’s website in the section “Consumer loans.” Customers can also call the Unibank’s help center – (+37410) 59 55 55.

Unibank was established in 2001. In 2002, it introduced Unistream system. The principal shareholder of the bank is Ripatonso Holdings Ltd. In 2015, the bank was reorganized into an open joint stock company. –0—

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

LATEST NEWS

spot_imgspot_imgspot_img