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Ameriabank showcases successfully its scoring system for issuing online business loans at Caucasus 19 conference in Tbilisi

17.05.2019, 18:10
Ameriabank successfully presented today its scoring system designed for providing online business loans to small and medium-sized businesses (SMEs) at the 5th Regional Conference Caucasus 19 in Tbilisi, organized by the SME Banking Club, the press service of the bank reported.

Ameriabank showcases successfully its scoring system for issuing online business loans at Caucasus 19 conference in Tbilisi
YEREVAN, May 17. /ARKA/. Ameriabank successfully presented today its scoring system designed for providing online business loans to small and medium-sized businesses (SMEs) at the 5th Regional Conference Caucasus 19 in Tbilisi, organized by the SME Banking Club, the press service of the bank reported.

It said the organizers of the conference chose  the most innovative banks in 2018, which were issued certificates. Ameriabank also received a certificate. Representatives of the bank presented  the benefits of the system and  the impressive progress made over the 5 months since its  introduction.

"Just over 5 months, the share of online business loans provided through the scoring system grew to  89% in the bank’s SME retail lending portfolio, and their number surged to  94%," Ameriabank said in a news release.

The bank recalled that one can apply for online  business loans in the amount from one million drams to 10 million drams, which are approved automatically, without having to visit the bank. Moreover, the bank charges no commission  for the provision of a loan and no real estate pledge is required. To get a loan, one has to visit  the bank's website, fill in an online application and get an answer within 5 minutes.

Customers, who have a bank account, can also sign a loan agreement online, thereby transferring contacts with the bank to the online platform.

Ameriabank is a dynamically developing bank and one of the major and most stable financial institutions   in Armenia. The first investment bank in Armenia, Ameriabank has been providing a large package of innovative banking services since 2007. Now Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. 

Ameriabank is the leading bank in Armenia as measured by all key financial indicators (assets, liabilities, loans portfolio, net profit and equity) according to the 2018 year reportable data.  ($ 1 - AMD 479.72). -0-