Loans to legal entities
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- Business loan
- Micro business loan
- Revolving credit line
- Small and medium business lending
- Lending to small and medium enterprises, Partner
- Non-repayable credit line
- Account lending
- GAF- Loan terms provided within the framework of program “Energy Efficiency for SMEs
- Simple business loan (without assessment)
- Simple business loan (with simplified assessment)
- Economic Modernization Measure (effective till December 31, 2023)
- Loans terms provided within the framework of the “European Investment Bank” program
- Loans provided within the framework of the Renewable Energy and Energy Saving
- Bank guarantees
- Factoring financing
- Terms of payroll projects
- Loans for Small and Medium-Sized Businesses “Liquid+”
- Lease
- Combined credit line terms in the framework of payroll projects
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 |
|
Early payment penalty |
|
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. |