Loans to legal entities

Account lending

Currency	AMD, USD, EUR
Borrowers	Bank Customers of at least one year
Purpose	Salary payment, repayment of liabilities towards the state budget, custom clearance of the imported goods, payments for the goods that are on the way and similar purposes
Limit	Up to 30% of the annual turnover of borrower’s account
Provision method	Non-cash
Repayment period	Up to 180 days
Interest rate	Starting from 12.5% for AMD, starting from 8% for USD, starting from 7% for EUR
Penalty for loan principal and/or interest overdue	For overdue principal - 0,015 % daily For overdue interest - 0.1% daily
Early payment penalty	Is not charged if the borrower makes payments from their own funds, In case of payments made at the expense of funds from other financial organizations, the Bank will impose a penalty for loan prepayment.
Security	The Bank is entitled without further authorization by the borrower to debit the Borrower’s debt from the funds available on the borrower’s account. The right is also stipulated within the account crediting agreement.
Fees	Credit account service fee in the amount of 0.5% of the loan amount, but not less than 20,000 AMD, maximum 100,000 AMD. In case if the loan amount is received in cash, a cash withdrawal fee is charged from the bank account according to the current tariffs.