Bank Guarantees

Increase the trust of your partners with Evocabank’s bank guarantees!

Currency	AMD or foreign currency
Limit	Up to AMD 10,000,000 or equivalent in foreign currency for guarantees provided to physical individuals
Limit	Up to AMD 500,000,000 or equivalent in foreign currency for guarantees provided to legal entities and individual entrepreneurs
Terms	Repayment period of 2 years for guarantees provided to physical individuals
Terms	Repayment period of 3 years for guarantees provided to legal entities and individual entrepreneurs
Annual nominal interest rate	1-4% annual
Overdue interest penalty	0,3% daily
Fees	For guarantees provided to physical individuals, if the interest to be charged does not exceed AMD 10,000 for the actual or full period of the guarantee, then one-off fee of AMD 10,000 is debited from the principal For guarantees provided to legal entities and individual entrepreneurs, if the interest to be charged does not exceed AMD 20,000 for the actual or full period of the guarantee , then one-off fee of AMD 20,000 is debited from the principal