Acquiring apartment with 0% annual interest rate: Unibank’s proposal at TOON EXPO 2025

YEREVAN, September 5. /ARKA/. Unibank is taking part in Armenia’s largest international exhibition and sale of real estate and construction, TOON EXPO Yerevan 2025, which is taking place from September 5 to 7 at the Meridian Center. Within its pavilion, the bank will showcase attractive offers aimed at making apartment purchases more accessible.

Unibank provides mortgage loans for acquiring residential properties in both the primary and secondary markets without requiring a down payment or income verification. The loan term can extend up to 240 months.

Additionally, the bank has crafted a beneficial offer for clients holding mortgage loans with other banks or credit institutions who wish to refinance them. The existing loan can be transferred to Unibank with an annual interest rate set at 11.95%.

The bank also offers an installment plan for purchasing an apartment, townhouse, or parking space from a developer. The maximum loan amount available is 100 million drams, with an annual interest rate of 0%.

Exhibition attendees have the chance to obtain preliminary loan approval on-site at the Unibank pavilion.

By fostering extensive collaboration with developers, Unibank is actively engaged in mortgage lending, including initiatives under state programs. In 2024, the bank’s mortgage portfolio nearly doubled.

Furthermore, Unibank has emerged as a key participant in the state support program aimed at providing affordable housing for internally displaced families from specific regions of Artsakh.-0-

spot_img

POPULAR

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img