Newsfeed

European Union's foreign policy chief to travel to Armenia

Forecast: Ilham Aliyev will quit "Minsk format" only after Russia or the West gives him guarantees about his power retention

Defense Minister of Armenia recommends former contract officer to keep political neutrality

Swedish Foreign Minister sure Karabakh conflict cannot be settled by force

VivaCell-MTS in cooperation with The Fuller Center for Housing Armenia improve housing conditions of three families in borderland village of Khachik

VivaCell-MTS is the first mobile operator sending SMS messages to its subscribers in Armenian

Hovhannes Sahakyan: Solution to many electoral problems raised by European experts and public will be found in new Electoral Code

Edward Nalbandian: Armenia seeks further cooperation with OSCE/ODIHR

Yerevan: Armenia and OSCE MG co-chairs are interested in change of status quo in Karabakh peace process

Rostelecom (Armenia) launches online payment program on its website

Armenian parliament speaker says the stand of Serbia's delegation to PACE runs contrary to the Armenian-Serbian cooperation

Zaruhi Postanjyan submits documents for nomination for post of Ombudsperson

Mateusz Piskorski: Most of EU countries have played the role of Washington's "useful idiots" and "bandogs"

Civil Contract Party not to create any blocs to run for parliament in 2017

Two employees of State Service for Food Safety face bribery charges

Court rejects request to transfer Vahan Shirkhanyan to a medical institution

Minsk Group process for Nagorno-Karabakh provides a framework to prevent violations along line of contact from degenerating too far, ICG says

Russian lawmakers suggest annulling 1921 treaty of friendship with Turkey

Azerbaijan fires at a near-border Armenian village in Tavush Province

Zangezur Copper Molybdenum Combine intends to increase output by 10% in 2016

Australian Senator delivers a speech in Senate, supporting independence of Nagorno-Karabakh

Republican: Control Chamber of Armenia will be changed into Audit Chamber

Adam Schiff urges James Warlick to abandon false parity in Karabakh problem

Adversary fired at Armenian positions from rocket-artillery systems overnight

Arman Tatoyan: I will be able to withstand pressure on the post of Ombudsperson

Ralph Yirikian's personal support to people living in borderland village of Khachik

New Armenia Front urges world community to impose sanctions on Armenia's government

INECOBANK explains: One of key prerequisites of merger with ProCredit Bank was similarity of corporate governance culture and availability of professional teams

Vache Gabrielyan's brother-in-law arrested for bribery attempt

Yerevan: Ankara's statements that Vatican renounces Pope's April address have nothing to do with the reality

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, 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