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Аnelikbank announces new type of open-end credit line

19.08.2015 20:03

Аnelikbank announces new type of open-end credit line

YEREVAN, August 19. / ARKA /. Anelikbank has announced a new type of an open-end credit line in the amount of six average net monthly incomes of a client. The credit ceiling is 5 million drams or $15,000, the Lebanese-owned bank said in a press release.

It said also that it 'constantly upgrades and develops its range of services, offering various banking instruments in order to meet the requirements of borrowers."

According to Anelikbank press officer Astghik Martirosyan, this type of credit facility enables customers to take advantage of a grace period for non-cash transactions before the 15th day of the following month. She also said the lending process has been simplified.

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