en 
am 
Special offers 
Favorable lending solutions for the advancement of your business
- Up to 12-month grace period
- Free Online Banking and accounts
- Financing of up to 80% of the market value of the collateral
- Free provision of POS terminal
- Up to 7% interest on positive balances for accounts opened during the campaign
- In case of refinancing, notarization and security registration fees covered by the Bank
- Fixed interest rate for up to 2 years
The offer is valid until 31 January 2027.
The loan is provided if:
- A favorable report from ACRA (or other appropriate credit reporting tools) on the borrower, guarantors and shareholders has been submitted
- The business has been operating for at least 2 accounting years (min. 1 year with profit)
- The annual revenue is at least AMD 25 million
- A financial analysis is carried out to assess creditworthiness
Loans are provided in AMD and USD. If the loan is provided in a foreign currency, the client bears any possible adverse consequences resulting from changes in the foreign exchange rate. For example, if the AMD depreciates against the USD, the client will repay the loan in AMD in a larger amount.
- Interest rate: starting from 10% in AMD, starting from 7% in USD
- Fixed interest rate: for up to 2 years*
*For the remaining years: Bank’s base rate + fixed interest margin
The Bank’s base rate is set by the Bank for different currencies and reflects the weighted average cost of the Bank’s interest-bearing liabilities.
The loan disbursement fee is 1% of the loan amount, with a minimum of AMD 100,000 and a maximum of AMD 500,000.
During the fixed interest rate period, an early repayment penalty of 5% of the principal amount will apply only in case of refinancing.
Loan amounts are provided in non-cash form. The date of provision of the loan is the date on which the loan amount is actually provided to the client. The client pays the interest amounts stipulated in the contract for the period of actual use of the loan amount.
The real estate mortgage agreement must be notarized, and the rights arising from it are subject to registration with the competent state body of the Republic of Armenia. In case of refinancing, the relevant expenses are borne by the Bank.
The loan provided must be secured by appropriate collateral. Collateral does not play a decisive role in the lending decision but is a mandatory condition. Depending on the loan amount, the Bank accepts the following as collateral:
- Cash collateral (including term deposits)
- Bank guarantees
- Pledge of residential or commercial real estate located in the territory of the Republic of Armenia
- Other
A pledge of other non-current assets (machinery, vehicles, etc), as well as inventory (goods in circulation), may serve as additional collateral. As a rule, the terms of lending may also provide for a personal guarantee from the company’s shareholders (participants)․
Beyond the offer, you can find out more about the remaining terms and conditions for corporate and small business loan financing on the relevant business loan pages:
