USD - 387.31
RUB - 12.80
GBP - 613.15
EUR - 509
CHF - 422.55
CAD - 387.58
XAU - 21667.01
Updated: 27.05.2011 16:03

 

 

 

 



Large business loans

Target group

Legal entities and individual entrepreneurs, engaged in continuous business for at least 6 months

Loan type

Credit, credit line, overdraft

Loan currency

AMD, USD, EURO, RUR

General agreement amount

From AMD 60'000'001 (or in equivalent currency) to the amount of the maximum risk normative per single borrower set by CB RA.  

General agreement period

Up to 120 (One hundred and twenty) months.

Loan amount

From AMD 60'000'001 (or in equivalent currency) to the amount of the maximum risk normative per single borrower set by CB RA.  

Loan period

Up to 84 months

Annual interest rate

10-15%  

Interest accrues on the balance of the loan amount (current year - 365 days). 

Annual interest rate for the unused credit line or overdraft

Up to 3%

Interest accrues on the balance of the loan amount (current year - 365 days).

Loan purpose

Replenishment of working capital, purchase of fixed assets, construction, renovation, payment of credit debt and current financial obligations.

Loan and credit account service fee

0.5% of loan amount 

(charged at the time of the loan)

Repayment order 

Equal monthly installments (annuity).

Taking into account the business aspects, the Credit and Small Credit Committees of the Bank may establish other loan and interest repayment orders.

 Loan coverage

- Real estate, vehicles, machinery (fixed assets), circulating means, public bonds, cash assets and the right for monetary claim; 

- Guarantee of individuals (participants, shareholders, members) having a share capital of the company by 10% or more.

Requirements to pledger

If the pledger is an individual person, his age at the time of loan shall not exceed 65 years.

Insurance

Pledged vehicles, machinery (fixed assets) and circulating means are subject to insurance for the entire loan period. 

Collateral appraisal

- Collateral appraisal is carried out by persons authorized by the State Real Property Cadastre Committee under the RA Government (the appraisal of vehicles, machinery (fixed assets) and circulating means may be carried out by the Bank's Evaluation Committee);

- All expenses for appraisal, verification and registration of a pledge agreement are made by the borrower (pledger).

Penalties for overdue loan amount or interest

-  Penalty for overdue principal amount - 0.1 % per day;

-  Penalty for overdue interest - 0.2 % per day;

In case of delay or default of the loan amount or interest, the collateral is subject to foreclosure. 

Loan pre-payment

From 0% to 2% of the pre-paid loan amount

arm | rus | eng
Currency
  CBA
USD 387 391 387.31
RUB 12.60 13.10 12.80
GBP 605 625 613.15
EUR 505 516 509
CHF 405 435 422.55
CAD 370 400 387.58
XAU 21765 22265 21667.01
on 03.02.2012 09:37
Working Hours

Loan Calculator
Loan type*
Loan*
Cost *
Prepayment(%)*
Term (month)*
Fields marked with an * are required.
 
               BANK DETAILS
Address: 0010, 
Yerevan         12 M. Mkrtchyan str
Tax registration N 02540791
Tel: (+374 8000) 8202
Fax: (+37410) 54-43-87
E-mail: info@areximbank.am
SWIFT: RKASAM22

Attention 

The Bank cannot be held responsible for the accuracy and  trustworthiness of the mentioned companies' websites and placed advertisements, as well as  for possible consequences of utilization of such information. 

 In case of discrepancies between the published Armenian, Russian and English information, the Armenian information prevails.

Dear Visitor,
If you have identified an error or a misprint on our website, please highlight and forward it to us by pressing Ctrl+Enter. 


Home | Services | Reports | News | Feedback
© 2012 AREXIMBANK GAZPROMBANK GROUP CJSC. Developed by Smart Systems LLC