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

IMF identifies barriers to attracting private investment in climate projects in Armenia – report

Significant gaps in climate risk management, ESG competencies, information disclosure, and climate data continue to limit private sector investment in Armenia, according to the International Monetary Fund's "Armenia: Climate Policy Diagnostic - July 2026" report, published on September 3, 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram rose after declining in previous days: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.05 points on September 3, 2026, compared to September 2, to 364.19 drams.

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

IDBank Warns of a New Extortion Scheme on Telegram

A new scam technique is becoming widespread in the Russian-language segment of Telegram, including among users in Armenia.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

LATEST NEWS

spot_imgspot_imgspot_img