Tue, 12 August
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Unibank offers a “Special” business loan with an interest rate of 8.5% per annum

YEREVAN, March 10, /ARKA/. Unibank has announced a new product for entrepreneurs. One can get a “Special” business loan in Armenian drams or US dollars for up to 60 months. 

Special is provided for business purposes or for refinancing loans in other banks. The client may get up to 250 mln AMD or 500 000 USD. When applying for a loan in drams, the interest rate will be from 11% per annum, while, in the case of dollars – from 8.5% per annum. The service is designed for both legal entities and private entrepreneurs.

“Supporting Small and Medium enterprises is one of our top priorities. We are studying carefully the customers’ needs in order to make business loans even more profitable and affordable for a wide range of entrepreneurs. Our new project, “Special”, is designed for those who need funds to implement business plans or optimize their credit load. By issuing the necessary funds to clients under conditions that are most appropriate to the peculiarities and seasonality of their business, we help them develop and move forward,” says David Petrosyan,Director of Corporate Business Promotion and Sales at Unibank.

Yet another means of supporting entrepreneurs is unsecured loans. Unibank is ready to provide a business with a loan without security for up to 5 million AMD or the equivalent sum in USD for a period of up to 60 months. The interest rate of an unsecured loan in AMD is from 12.9% per annum. This is a convenient option for companies and private entrepreneurs who are willing to save on notary services, cadastral registration, and security deposit.

In 2021, the volume of business loans issued by Unibank increased by over 1

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img