ARMERIABANK TO LAUNCH LARGE SCALE PROJECT ON BUSINESS FINANCING

PanARMENIAN.Net
08.12.2009 13:58 GMT+04:00

/PanARMENIAN.Net/ Armeriabank has launched a large scale business
financing project. The project will stipulate for beneficial crediting
terms for enterprises with an annual turnover of AMD 5 million to 5
billion, with a personnel of under 250 people. USD 1.5 million credits
are provided both for legal persons and private entrepreneurs. Credits
are provided at the annual rate of 12%, for 7 years, including a
2-year grace period.

Besides, Ameriabank offers a unique possibility of crediting at
preferential terms: credit rate will keep decreasing during the first
3 years of crediting.

The project aims at intensifying business activities and development
of different sectors in Armenian economy.