Tue, 28 October
13.1 C
Yerevan
USD: 382.78 RUB: 4.78 EUR: 446.44 GEL: 140.95 GBP: 509.98

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

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

LATEST NEWS

spot_imgspot_imgspot_img