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
Factoring financing
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Factoring limit |
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Validity of factoring limit |
Up to 24 months |
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Funding term |
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Funding amount |
Up to 80% of the provided invoice |
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Annual interest rate |
AMD |
14 % |
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USD |
10 % |
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EUR |
9 % |
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RUB |
12 % |
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Annual interest rate within the framework of cooperation agreement with “Export Insurance Agency of Armenia” |
In case of factoring financing insurance General Credit Committee of the Bank can authorize deviation from the interest rates mentioned in the 5th clause of the subject paragraph for customer preferred by the Bank (based on the business volume of the customers, cash flows and potential cooperation with the Bank), but not less than the interest rate for the business lending approved by the Bank Board. |
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Penalty for loan principal and/or interest overdue |
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Loan early payment fee |
No any early payment fee is applicable |
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Limit approval fee |
0.20% of the limit, minimum AMD 10,000, maximum AMD 200,000 |
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Increase of the current limit |
0.20% of the increased amount, maximum AMD 10,000% |
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Limit re-approval |
AMD 10,000 |
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Application review fee |
AMD 10,000 |
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