Sat, 14 June
24.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Foreign currency businessloan starting at 6%

YEREVAN, February 14. /ARKA/. AraratBank, consistent with its customer-centric policy and in view of the demand for low-interest loans, kicks off a new credit offer for both small and medium-sized enterprises and major customers.

Foreign currency loans will be provided in the minimum amount of USD/EUR 50,000, with a maturity of up to 36 months and an interest rate starting at 7% per annum for USD-denominated loans and at 6% per annum for EUR-denominated loans

Business loans shall be provided within the scope of the special offer — effective until April 28 of this year — for replenishment of working capital, repayment of accounts payable, acquisition of fixed assets, covering capital expenditures and current expenses․

“Build a business that works – this type of loan relies on the vision of business development and effective planning. Business succeeds through targeted decision-making and sustainable partnership.

This foreign currency business loan provided under competitive terms is yet another solution designed for the promotion of business guided by the logic of market development and consumer satisfaction,” said Karen Davtyan, Head of Corporate Business Lending Department of AraratBank. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Acba Bank donates amd 130 million to Military Insurance Fund (video)

Acba bank and other members of the financial group - ACBA Leasing and Amundi-ACBA - have donated more than AMD 130 million to Armenia's Military Insurance Fund in recent months, the press service of the bank reported

High profitability of Armenian banks in 2024 was facilitated by growth in net interest income and low level of credit losses – Galstyan

High profitability was recorded in the banking system of Armenia at the end of 2024, which was facilitated by growth in net interest income and low level of credit losses, said Martin Galstyan, Chairman of the Central Bank of the Republic, presenting the financial stability report for 2024.

LATEST NEWS

spot_imgspot_imgspot_img