Till Dec 31
2014 Ameriabank will offer a 1% bonus for a mortgage loan transferred
from another bank.
The press service of
Ameriabank reports that the campaign covers mortgage loans received by
individuals from other banks for purchase, construction or repair of
housing or commercial premises.
If a borrower has 10mln AMD
or more left to repay, the bonus will help him to buy something for his
new house or premises. The loans are given for at least three years, with
3% fine charged in case of early repayment.
Within the framework of this campaign,
Ameriabank covers certain additional expenses, like mortgage registration,
notary costs, etc. Eligible for transfer are only loans that were issued at
least three months before the bid for transfer
and that still have at least three years to be fully repaid.
According to
ArmInfo's Rating of Banks of Armenia, Ameriabank is one of the leaders in
mortgage lending. As of July 1 2014 its mortgage loan book exceeded 11bln
AMD or $28mln or 6% of all loans (16.4% growth as compared July 1 2013).
Ameriabank's mortgage loans account for 7% of all mortgage loans in Armenia's
banking system. The abovementioned campaign is expected to further improve
the bank's position on the mortgage market.
Ameriabank
is a universal bank providing a complex package of investment, corporate
and retail bank services. Its sole owner is Ameria Group CY Ltd.