Loans to legal entities

Revolving credit line




RA resident and non-resident legal entities and individual entrepreneurs


Working capital replenishment


Up to AMD  1,000,000,000 or equivalent in foreign currency

Provision method

Cash or non-cash

Repayment period

Up to 5 years

Repayment method

Any loan granted under the credit line can be repaid in the following ways:

  • One off – at the end of the term
  • Annuity
  • Springy
  • Other schedule type can be defined with the consent of the parties

Annual interest rate

Starting from 10.5% 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

Interest rate for the non-utilized part

0 - 4 %


  • Movable and immovable property
  • Monetary funds available on deposit or current accounts
  • Working capital, final product
  • Standard gold bars or scrap, precious metals
  • Short term bonds issued by the government or other securities


Credit application review fee of AMD 20,000.

In case if the loan amount is received in cash, encashment fee is applied according to tariffs of the Bank

State duties and other fees

  • For ratification and registration of the pledge agreement state duty and/or service fee are paid to the

RA Authorized State Bodies.

  • Valuation fee of the pledged securities according to the tariffs defined by the independent valuating companies.