Unibank improves U-Cash loan terms

YEREVAN, June 20. /ARKA/. Prompted by the growing demand for U-Cash consumer loans, the Yerevan-based Unibank has revised and substantially improved the terms of this loan agreement, the press service of the bank reported today.

It said in particular, the bank has lowered the annual interest rate to 22.9% and has also increased the loan amount to one million drams. The maximum repayable term is 48 months.

Thanks to favorable terms, U-Cash loans, developed to simplify, as much as possible, the process of acquiring funds for current consumer spending, will become available to the largest possible number of customers. To obtain loans, customers can apply to any branch of the bank or its promo-points. They need to have only a passport and a social card.

Applications for obtaining U-Cash loans are accepted also online. They can be filled in on the bank’s website or on its UNIBANK ARMENIA Facebook page.

Loan repayments can be made both in the bank’s branches, and through terminals located in all branches of the bank and in major stores of household and computer equipment. Payment terminals installed at Alek Manukyan and Zvartnots branches work around the clock.

Unibank was founded in October 2001. In 2002, the bank introduced the Unistream system. The main shareholder of the bank is Ripatonso Holding Limited. In 2015, the bank was reorganized into an open joint-stock company. ($ 1 – 481.08 drams). -0-

spot_img

POPULAR

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

US dollar, euro, and ruble drop against Armenian dram

YEREVAN, August 18. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of August 18, 2026, fell by 0.25 points to 365.25 drams compared to August 17.

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

LATEST NEWS

spot_imgspot_imgspot_img