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Prime minister: Supply of Russian weaponry to Armenia launched

Serzh Sargsyan and Seyran Ohanyan to discuss Karabakh problem in presidential residence tonight

Two-fold growth of loan restructuring applications registered in VTB Bank (Armenia)

Head of Armament Unit of Armenia's Armed Forces dismissed

Sharmazanov: Genocide of Christians in Ottoman Turkey, IS actions and Azerbaijani aggression have same handwriting

Ex-president of Armenia included in list of candidates for election to the new Board of Directors of JSFC Sistema

Mammadyarov: Status quo in Karabakh conflict may lead to severe military clashes

Trial over case of the cardboard tank that "crashed" into NSS building is still going on

Tatoul Manaseryan: Top power branches have a great number of caterpillars

Штормовой ветер срывал крыши домов и не на шутку напугал жителей Еревана

Armenian President attends ceremony of unveiling of Memorial to Marshal Hamazasp Babajanian

Bostanjyan calls for reducing all expenses having no crucial significance to state

OSCE PA Special Representative for South Caucasus arrives in Armenia

Seyran Ohanyan: Territories lost during April war were part of Artsakh

Armenian Defense Ministry responds to media reports about dismissal of commander of Mataghis regiment

Greek Defense Minister: Nagorno Karabakh conflict should be settled exclusively through peaceful means

Armenia and China discuss issue to boost cooperation

Baku trying to shift responsibility for April flare up in Karabakh onto Armenian side

Azerbaijani armed forces fire at Azerbaijani-Armenian border

Vice Speaker of Armenian Parliament: Due to parity in international statements on Karabakh problem, the peace process has been going round in a circle for nearly 20 years

Criminal case over embezzlement at ENA CJSC sent to court with a crime sheet

On May 21 as many as 112 museums of Armenia to open their doors to visitors from 6 pm till midnight

Average life expectancy for Armenia is 74.8 years, according to World Health Statistics: Monitoring Health for the SDGs

Samvel Farmanyan: Agramunt is not the politician to have any influence on Karabakh conflict settlement

Lydian International: financing package of Amulsar program is approved. Construction will launch in upcoming months

Serzh Sargsyan: April war has once again proved unity of our nation in its pursuit of liberty and protection of independence

Azerbaijan breached ceasefire agreement using various small arms

ACBA Leasing participates in "Week of Economic Capacities" as financial partner

Bako Sahakyan addressed to participants of 2nd forum of Armenian Political Parties launched in Stepanakert

Stepanakert rejects Baku's accusations of alleged use of prohibited shells with white phosphorus

EEU Prime Ministers agreed on establishing common market of petroleum and petroleum products and terms of adopting new common customs code

Armenian president presented to EEU prime ministers latest developments around Nagorno-Karabakh problem

Parliamentary opposition is skeptical about Armenian Prime Minister's intention to fight corruption

Loss of 800 hectares by Armenian side causes stormy debates at Armenian Parliament

Zhirayr Sefilyan says he is ready to assume authority for restoring Karabakh's territorial integrity by force

Dmitry Medvedev: My second visit to Armenia within a month speaks of the high level of the allied relations of Yerevan and Moscow

Beeline Communication Museum to join Museum Night event

Russian foreign ministry: Sargsyan and Putin will probably meet in Astana on May 31

Inhabitants of Garni and Goght demand from Hovik Abrahamyan and Ishkhan Zakaryan to cancel construction of irrigation systems designed for their own needs

PACE Chair: "All conflicts must be solved within the territorial integrity of the countries"

EEU Summit of Prime Ministers due to commence in Yerevan

Nagorno Karabakh disclaims Azerbaijan's allegations

Analyst: Baku got green light to unleash April aggression basing on principle "take whatever you can, we will not allow your defeat"

Azerbaijan and Russia discuss joint project in engineering field

Analyst: Lack of conclusions from the changes in Karabakh situation triggers concern

ACBA-Credit Agricole Bank and NABU: Names of four winners of "Certification of Organic Agricultural Product" contest are known

Analyst: There are factors making authorities act contrary to Armenia's interests

Canosa, Italy, recognizes Armenian Genocide

Seyran Ohanyan: Creation of atmosphere of confidence is a key to success in any dispute

Diplomat: After Formula-1 race in Baku, situation in Karabakh conflict zone will grow tense again

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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