Loans to legal entities

Revolving credit line

Currency	AMD, USD, EUR
Borrowers	RA resident and non-resident legal entities and individual entrepreneurs
Purpose	Working capital replenishment
Limit	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 %
Security	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
Fees	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.