Ardshinbank has improved the terms of loans granted to entrepreneurs and legal entities engaged in entrepreneurship and agriculture. According to the new terms, the annual interest rate on loans in AMD starts from 11.25%, in USD loans - 9,75%, and in the EUR- 9%. Loans are provided without the financial analysis of the client's business and submission of documents confirming income.

"Ardshinbank has been increasingly engaged in entrepreneurial business, improving micro business loan terms, according to which the circulation rate directly affects the loan and interest rate and the amount, the greater the customer turnover is and the longer the customer provides circulation , the higher is the loan and the lower is the interest rate. We provide these loans with minimal analysis of business activities, which will be a stimulus for the business development of entrepreneurs, " said Armen Gasparyan, Strategic Development Director.

It should also be mentioned that in the framework of this loan the Bank also refinances the mortgages secured by real estate in the Armenian banks and credit organizations at 0.5-1 percentage points lower than the interest rate available to the borrower.

The material is copyrighted and protected by law