Ameriabank’s loan-refinancing offer ‘Boomerang’ in force before end of this year in Armenia
30.09.2014,
19:26
Representatives of small and medium businesses in Armenia may take advantage of Ameriabank’s loan-refinancing offer ‘Boomerang’ before the end of this year, Arman Barseghyan, the bank’s retail transactions director, told journalists on Tuesday.
YEREVAN, September 30. /ARKA/. Representatives of small and medium businesses in Armenia may take advantage of Ameriabank’s loan-refinancing offer ‘Boomerang’ before the end of this year, Arman Barseghyan, the bank’s retail transactions director, told journalists on Tuesday.
In his words, the offer that was in force throughout the summer was very successful, and therefore it was decided to prolong it until the end of this year.
“We offer refinancing of credits from 10 to 100 million drams,” he said.
“If clients refinance their credit via Ameriabank, we return them 1% of the loan amount in cash, which will cover all the expenses.”
Barseghyan also said that part of the expenses required from clients for assessment and loan-formalizing paperwork will be borne by the bank.
Besides, interest rate for retail business loans up to 100 million is one percent lower in ‘Boomerang’ offer – it is set at 12% for loans in dollars and euros. The loan repayment period is at least three years.
Ameriabank is a universal bank that provides investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. It is the first investment bank in Armenia that has been providing a wide range of innovative banking services since 2007.
The bank's assets as of July 1, 2014 amounted to 342.7 billion drams (an 8.8% growth from the beginning of the year), its liabilities stood at 302.5 billion drams (up 9.48%), and the capital – at 40.2 billion. drams (up 3.9%). The bank earned 2.8 billion drams in profit in the first half (the second largest among local commercial banks). ($1 – AMD 407.60)..-0-----
