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Ameriabank sets amd 5-50 mln lending to SME not charging for loan application

21.05.2013, 18:21
Small and medium-size enterprises can now get 5-50 million drams (or an equivalent amount in foreign currency) in loans within the framework of Armenia-based Ameriabank’s  “Simple and fast” lending package, said Arman Barseghyan, director of  banking retail operations.  
Ameriabank sets amd 5-50 mln lending to SME not charging for loan application
YEREVAN, May 21./ARKA/. Small and medium-size enterprises can now get 5-50 million drams (or an equivalent amount in foreign currency) in loans within the framework of Armenia-based Ameriabank’s  “Simple and fast” lending package, said Arman Barseghyan, director of  banking retail operations.  

“We launched a marketing campaign on May 15, and in terms of this campaign we offer a retail lending in three currencies- drams, dollars and euros,” he told reporters on Tuesday. 

The small and medium-size enterprises which will participate in the campaign will be exempted fr om expenses linked to loan application procedures. Moreover, the initial application decision will be made within 2 days. The borrowers will be required to submit just few documents. 

In addition, three owners or managers of any SME who will apply for lending in terms of the campaign, will get credit cards without being required to submit additional documents (salary statement, real property proof statement, etc.). 

Barseghyan also added that those individuals who will visit Ameriabank in order to apply for “Simple and fast” package will get remunerations.

Unallocated metal account valued at 1 g of gold will be opened for those applicants whose requested loan amount will vary within 5-12 million drams ( 12-50 million drams –2 g of gold). 

Ameriabank is a universal bank providing investment, corporate and lim ited retail banking services. Ameriabank is the first investment bank in Armenia. It has been offering a broad range of innovative banking services since 2007..—0-