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ACBA Leasing offers leasing of commercial real estate at 8% percent interest rate

YEREVAN, July 11. /ARKA/. The Yerevan-based ACBA Leasing Company has unveiled today an offer, designed for legal entities to acquire commercial real estate on leasing starting from 8% interest rate per annum.

The press service of the company said the down payment starts at 20%, the funds are provided in Armenian drams and foreign currency, the repayment term is from 12 to 120 months with the possibility of VAT refund.

The company said also the acquisition of commercial real estate does not require a collateral, as the real estate is regarded as collateral.

ACBA Leasing CJSC was founded in April 2003. It is the first specialized leasing organization registered in Armenia. The company is an absolute leader in the market, and one of the initiators of legislative changes in this area. The main shareholders of ACBA Leasing are ACBA-CREDIT AGRICOLE BANK – 54% and Сredit Agricole Leasing & Factoring – 38%. -0-

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