Unibank offers cash loans for purchase of school supplies

YEREVAN, August 31. /ARKA/. In view of the growing demand the Yerevan-based Unibank said today it will be providing cash loans for the purchase of school supplies. It said in a press release that the special offer will be valid until September 15.

The amount of the loan called U-School is 100,000 drams, repayable in 12 months. Early repayment of the loan is allowed without restrictions and penalties. The interest rate is 18.61%.

To get U-School loans one should visit any branch of Unibank and submit the minimum package of documents – a passport, a social card and a birth certificate of a school-age child. The decision on the loan application is made within one working day after the client submits the documents. One of the main obligatory conditions is the absence of an existing overdue loan.

“Fast, simple and in tune with the demands of the client – that’s how you can characterize the process of providing consumer loans at Unibank,” the press release said.

It recalled also that Unibank is one of the leading Armenian banks in terms of lending to individuals offering favorable terms both for installment lending, and for cash and card loans.

Unibank has a head office and 47 branches in Armenia and a representative office in Moscow. It was founded in October 2001. In 2002, it 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 – 478.39 drams) -0-

spot_img

POPULAR

Armenia approves list of stock exchanges for application of new rules for taxation of bank dividends

At a meeting on Thursday, the Armenian government approved a list of stock exchanges whose listing status will be taken into account when applying a differentiated taxation system for dividends on bank shares.

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May — World Bank

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May 2026 compared to the same period last year, according to the World Bank's Armenia Monthly Economic Update – July 2026.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

T-Bank customers in Armenia can now pay for purchases using QR codes

T-Bank customers in Armenia can now pay for purchases using QR codes through the mobile app, the bank's press service announced.

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img