Ameriabank launches Bumerang SME crediting offer

Ameriabank launches Bumerang SME crediting offer

YEREVAN, June 9. /ARKA/. Ameriabank has made a special promotional offer in small and medium-sized enterprise crediting, the press office of the bank reported.

Within this offer called Boomerang those SME clients who will transfer their loans from other banks into Ameriabank will get 1% of the transferred loan refunded and will have the opportunity to use it as they want, according to the report.

No fee will be charged for the loan. Apart from it, the bank will meet all costs related to property assessment and security, as well as those on notary arrangements.

All borrowers having secured business loans or credit lines (overdrafts) against property worth from 10 to 100 million drams, if the loan was properly serviced during at least three months.

The loans within the offer are provided for not less than three years. The offer is valid till August 31.

Ameriabank is a universal bank providing investment, corporate and retail banking services in the form of an integrated package of banking solutions.

The assets of the bank rose by 8% to 339 billion drams in the first quarter of 2014. Total liabilities hiked by almost 9% to 300 billion drams. The bank recorded a 2.5% increase in its loan investments as of the end of Q1. The loan portfolio of the bank was 181 billion drams in Q1. ($1=413.08drams). -0–

11:12 09.06.2014

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