YEREVAN, June 10. /ARKA/. ACBA Bank has unveiled special business financing offers for the development of small and medium-sized enterprises in Armenia, which are effective until July 31 inclusive.
Financing amount and purpose:
SMEs can receive financing for investments, expansion of existing businesses and implementation of new projects.
• In AMD: from 30 million to 500 million AMD
• In USD: from 75 thousand to 1.2 million USD
Term and grace period:
• For fixed assets: 36-84 months (principal repayment grace period: 3-24 months)
• For current assets: 12-60 months (principal repayment grace period: 3 months).
Interest rate:
In the case of Armenian drams:
• 30-100 million drams: 12.5%
• 100-500 million drams: 11.5%
In the case of US dollars:
• 75-250 thousand USD: 8.8%
• From 250 thousand to 1.2 million USD: 7.9%
Issue commission: 0.5%.
ACBA Bank also offers businesses special refinancing conditions.
• Financing volume and interest rates according to the above scale
• Repayment period: 18-84 months.
• Issue commission: 0%.
Additional advantage
SMEs can take advantage of the above offers both separately and simultaneously.
More details are here.
The bank is supervised by the Central Bank of Armenia. -0-
