In order to attract a wider segment of clients, ARMBUSINESSBANK has optimized the terms and conditions of loans under gold security, which affords to get a loan on more favorable and convenient terms.
Customers with a positive credit history will be able to get a loan under gold security with a highest value of collateral up to 150%.
The product is unique as the customers may choose the most convenient type of repayment, maturity and annual interest rates. The loan is issued for the period of 6-36 months, at an annual interest rate of 2-16%, subject to the selected loan criteria. The annual effective interest rate is 16-22%.
The decision to grant ABB Gold credit is made within minutes.
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