Newsfeed

Anelik Bank lowers Bank-Client tariff and S.W.I.F.T. commission

Parliament's extraordinary sitting on the law on amending the Law on Turnover Tax has not taken place due to RPA's boycott

Orange Foundation and Armenian Eye Care Project launch a joint online campaign to help children to fight blindness

Armenia ranked 78th in World Press Freedom Index 2014 of Reporters Without Borders

FMO lends Araratbank $15mln for business projects by export-oriented companies

Open Day to be held at UWC Dilijan on October 5

In Jan-Aug 2014 Ameriabank exceeds a number of targets and is ready to conquer new heights

Armenia launches a single cultural portal providing a unique opportunity to acquire e-tickets by online payment

Turkish Construction Company launches activity in Armenia

Turkish journalists who urge apology for Armenians receive letters with threats

Air Armenia becomes regular air carrier from Novosibirsk to Yerevan

Sellers in Gyumri also protest against the new turnover tax

VivaCell-MTS implemented the 5th draw "365"

Anne Brasseur says PACE seeks to establish contacts between Armenian and Azerbaijani delegations

PACE adopts decision to prepare report on "increase of tension in Nagorno Karabakh and other occupied territories of Azerbaijan"

ACBA-Credit Agricole Bank creates ACBA Business Partner sub-brand

Artifacts from Armenian Highlands cause sensation in the world of science

Vice Speaker: Armenian-Russian relations should develop and deepen

Argentinean writer: One more Armenian Genocide is taking place in Aleppo

Armenia ranked 4th in Eastern Partnership Media Freedom Index for first half of 2014

Opinion: SCR plays an important role in communications

River of Hrazdan overruns its banks, as intensive water releases from Lake Sevan launched

Turkish intellectuals urge apology to Armenian students

Hay Tar Mobile App now free of charge

VTB Bank (Armenia) wins Public Rating's Best Bank award

Georgia will temporarily close Upper Lars border crossing because of landslide danger

Nikol Pashinyan again publicly accuses Surik Khachatryan of direct complicity in Avetik Budaghyan's murder

Russian expert: Armenia should be interested in Russian-Azeri arms deals

Leader of Marxist Party of Armenia dies

Yerevan Brandy Company completes grape procurement in Ararat Valley

VTB Bank (Armenia) to sponsor the transfer of windsurfers in wintertime

ArmSwissBank becomes a partner bank for Medicine Producers and Importers Union of Armenia

Presidents of Russia and Azerbaijan to discuss Karabakh peace process

Finding mixture of ~300,000 year-old stone tools in Armenia challenges hypothesis that technique's appearance in Eurasia was result of expansion of hominins from Africa

Cemil Cicek says parliaments of other countries have no right to recognize Armenian Genocide in Ottoman Turkey

Control Chamber of Armenia detects violations in gas supply to some unprivileged communities in Syunik region

Authorities of Artsakh are ready to transfer saboteur's body to Azeri authorities

Oppositionist: I congratulate you on defeat of the authorities

Rostelecom modernizes its network

Turkey returns 42,000sq m land lot to "Surb Prkich" Armenian Fund

Oppositionist: Surik Khachatryan's appointment as governor of Syunik region is a slap in the face of the Armenian society

South Caucasus Railway to take part in the European Heritage Days dedicated to the beginning of the World War I

Czech Parliament to host exposition timed to Armenian Genocide centennial

ANC Representative: Constitutional reforms aim to ensure life-term power for Serzh Sargsyan

Parliamentary commission delays discussion of the draft decision on recognition of the NKR by Armenia

Armenia to come forward as third side on Perincek's case

Manvel Sargsyan: The myth of Russia's importance for Armenia is based on the formula "We will defend you"

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

  • by Erik Abrahamyan

  • Tuesday, June 10, 00:10

 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. 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields