Annual interest rates and maturity of the loan
| Currency/Maturity | ||||
| 1-3 months | 4-6 months | 7-9 months | 10-12 months | |
| AMD* | 10% | 11% | 12% | 13% |
| USD | 6.5% | 7% | 7.5% | 9% |
| EURO | 5% | 5.5% | 6% | 6.5% |
* Loans in AMD shall be provided from Project resources.
Other conditions
|
Lump-sum commission fee for loan disbursement |
for loans with maturity up to 6 months - 0.25% of the loan amount |
| for loans with maturity above 7 months - 0.5% of the loan amount | |
| Fee for review of the application | AMD 10,000 |
| Maximum maturity | 48 months (is determined by the Bank) |
- The loan funds are provided for the term preferred by the borrower, based on the interest rates specified in the first table, enabling the borrower to repay the loan within that term, according to the repayment schedule: the principal amount is repaid at the end of the loan maturity term, and the interest amount is repaid on monthly basis.
- If the borrower doesn't make installments in the manned specified in clause 1 above, or if the installments are made with violation of the repayment schedule, then the following conditions are set for the loan: annuity repayment schedule for the loan; the loan interest rate will be the minimum annual interest rate set by the Bank’s Management Board for the respective time period.
For details, please call:
Tel.: +374 10 511200, +374 10 511211
And visit all branches of the bank.