{"id":107516,"date":"2017-05-11T13:41:15","date_gmt":"2017-05-11T13:41:15","guid":{"rendered":"https:\/\/armbanks.am\/2017\/05\/11\/246276\/"},"modified":"2024-12-30T09:32:32","modified_gmt":"2024-12-30T09:32:32","slug":"acba-credit-agricole-bank-offers-loans-to-business-clients-with-100-day-free-interest-rate","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/05\/11\/107516\/","title":{"rendered":"ACBA-CREDIT AGRICOLE BANK offers loans to business clients with 100 -day free interest rate"},"content":{"rendered":"

YEREVAN, May 11. \/ARKA\/.<\/strong> ACBA-CREDIT AGRICOLE BANK has unveiled today a new loan product designed specifically for business clients offering exemption from interest payments for the first 100 days.<\/p>\n

ACBA-CREDIT AGRICOLE BANK said in a press release that it offers small and medium-sized businesses and corporate clients a package solution<\/a> that will \u2018give a new breath to the Armenian business.<\/p>\n

Loans to business entities are provided from May 10 to August 1 inclusive for a period of 3 to 6 months, to the tune of up to 100 million drams with a 12% interest rate or up to $250,000 and 250,000 euros with a 10% interest rate. In the first 100 days loans will be provided at 0% of the nominal interest rate.<\/p>\n

Besides this offer, entrepreneurs will be granted additional privileges, in particular, free ArCa Business<\/a> and Visa Business<\/a> cards, free ACBA Online<\/a> and ACBA Mobile<\/a> services, free POS- terminal<\/a> installation, servicing of salary cards at the best terms of the bank and the possibility of using GREEN LEASING with a 2% lower interest rate than the current one.With this proposal, the bank, while remaining true to its policy, promotes the development of SMEs.<\/p>\n

Details of the proposed business loan can be found here<\/a>.<\/p>\n

ACBA was established in 1996 as part of EU\u2019s
\nTACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. –0–<\/p>\n","protected":false},"excerpt":{"rendered":"

ACBA-CREDIT AGRICOLE BANK has unveiled today a new loan product designed specifically for business clients offering exemption from interest payments for the first 100 days<\/p>\n","protected":false},"author":1,"featured_media":181769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15909,15837,14442,14443,12455],"class_list":["post-107516","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news","tag-acba-credit-agricole-bank-2","tag-armenia-2","tag-business-clients","tag-free-interest-rate","tag-loans"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t