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Ambassador Mills says fighting corruption is not just a point in the list of contemplated actions that can be marked as done

Nouvelles d`Armenie: French government presents text of draft law criminalizing denial of Armenian Genocide

Former US ambassador to be included in black list of Azerbaijani Foreign Ministry for his visit to Artsakh

Nalbandian: Issue of giving Nagorno-Karabakh a status of autonomy within Azerbaijan has not been discussed

Steinmeier: Status quo in Karaabkh settlement may lead to new outbreak of violence

Rostelecom discussed with Armenian radio companies possibilities of using modern technological solutions in radio broadcasting

Orientalist: German Bundestag's recognition of the Armenian Genocide is logical continuation of Pope Francis' statement during the mass in 2015

Seyran Ohanyan: Army leadership knows what and where to plan

MP: Ratification of agreement on Joint Air Defense will affect Armenia's independence

Russian Ministry of Emergency Situations to evacuate Armenian citizens trapped on Upper Lars checkpoint

Naira Zohrabyan. Joint Air Defense system will upgrade security of Armenia's airspace

Batu Kutelia: Warsaw Summit will give definite political and military answers to Russia’s attempted aggressive revisionism

Azerbaijani armed forces use DShK heavy machine gun on Line of Contact

Foreign Ministry: There are no citizens of Armenia among victims of explosion at Istanbul airport

Eduard Sharmazanov: Russia and Turkey will remain rivals and competitors

Zakharova about Karabakh peace process: There are issues that should be hushed up

Naira Zohrabyan to Serzh Sargsyan: Prosperous Armenia Party will win in upcoming parliamentary elections

Masis Mailyan : Baku intends to continue its "military diplomacy" with impunity

Deputy minister: Creation of a joint air defense system with Russia will only strengthen combat ability of Armenian armed forces

South Caucasus Railway CJSC sets car to auction

Beeline improves Smart tariff plans

Armenian political forces express different opinions about influence of possible Moscow-Ankara normalization on Armenia

Areximbank-Gazprombank Group offers 50% discount for renting safe deposits boxes during summer holidays

Sergey Lavrov to travel to Yerevan

Ban Ki-moon: UN concerned over violations of ceasefire in Karbakh conflict zone

Defense sure Zhirayr Sefulyan's arrest is a political order

Sharmazanov explains Serzh Sargsyan's interview: If Armenia's citizens are reluctant to vote for RPA, no one will make them do it

Rostelecom holds two seminars on sidelines of Hartak Festival

Paul Stronski: Yerevan’s security alliance with Moscow will not impede Armenia’s good ties with NATO

Armenian President: Armenia expects wider recognition of Genocide after German vote and pope's remarks

Nikol Pashinyan: Consensus on Electoral Code is ridiculous

Turkey's foreign ministry reacts to Pope Francis' visit to Armenia

By beginning of tourism season Areximbank-Gazprombank Group offers significant discounts of premium class chip cards

Geoteam CJSC is sure that mining industry is compatible with agriculture and small business

UNICEF Armenia launches a breast feeding campaign in Armenia

Activist hits parliamentarian Hrant Bagratyan during picket in front of Parliament against Joint Air Defense system with Russia

Ankara: Turkey wants speedy settlement of Nagorno-Karabakh conflict, which will meet all requirements of Azerbaijan

Turkologist: Ankara has used up all its possibilities to deny Armenian Genocide

Heritage Party: Joint Air Defense with Russia is an attempt to surrender the last elements of Armenia's sovereignty

David Harutyunyan: Next conference of donors will take place in Yerevan on June 29

Frank-Walter Steinmeier to travel to Armenia on June 29

Armenians and Azerbaijanis should take efforts towards peace, Pope Francis says

Opposition MP condemns political persecution against Zhirayr Sefilyan

Ancient Armenian city Ani may become UNESCO World Heritage Site

Tickets for Russian trains can be acquired at Yerevan railway station

"We Are the Owners of Our Country" initiative picketing Parliament building opposing ratification of agreement on joint air defense system with Russia

Pope Francis: "I am happy to have visited Armenia"

Sharmazanov: OSCE MG should react very strongly to Aliyev's refusal to implement arrangements made in Vienna and St. Petersburg

Pope Francis leaves Armenia ending his pastoral visit

Pope Francis and Catholicos of All Armenians visit Khor Virap Monastery at the foot of Ararat and launch doves of peace

Regional

Ameriabank offers SME-borrowers to transfer their SME loans to Ameriabank and get 1% of the loan back

  • by Erik Abrahamyan

  • Tuesday, June 10, 05:10

 Ameriabank has announced a new campaign SME loans "Boomerang" for May 12 - August 31. The bank offers SME-borrowers to transfer their SME loans to Ameriabank and get 1% of the loan back, Ameriabank press-service told ArmInfo.  

"Thus, before the summer vacation season you get a bonus in the amount of 1% of your loan, just by changing the place of the repayment of your loan," the bank announces. 

The bank also pledges to take care of all the expenditures related to the pledge.     Loans are provided on the standard terms of SME, except for the following clauses:  lump-sum fee for loan provision is not charged,  loans are provided for a minimum term of 3 years,  in case of repayment of the loan before the due date within 3 years, a lump-sum fine amounting to 2% of the repaid amount is charged.  A borrower can take part in the campaign if his existing loan is a retail business loan /credit line (overdraft) secured by property; the sum of the existing loan amounts to 10 million - 100 million AMD; the existing loan has at least a 3-month history of service and 3-year residual maturity at another bank.  According to the Financial Rating of Armenian Banks prepared by ArmInfo News Agency, Ameriabank is among top ten banks by SME finance with 36.5 bln drams as of April 1 2014 (nearly 50% year over year growth). The share of SME finance in Ameriabank's loan portfolio is over 20%. Ameriabank is the leader in terms of corporate lending (nearly 150 bln drams with a 12% year over year growth). The bank is among top three banks by the net profits and among top ten banks by ROA and ROE.

Ameriabank CJSC is a universal bank providing a full orange of investment, corporate and retail banking services. Ameria Group CY Ltd is the sole owner of the bank. 

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