11.05.2017 17:41
YEREVAN, May 11. /ARKA/. ACBA-CREDIT AGRICOLE BANK has unveiled today a new loan product designed specifically for business clients offering exemption from interest payments for the first 100 days.
ACBA-CREDIT AGRICOLE BANK said in a press release that it offers small and medium-sized businesses and corporate clients a package solution that will ‘give a new breath to the Armenian business.
Loans to business entities are provided from May 10 to August 1 inclusive for a period of 3 to 6 months, to the tune of up to 100 million drams with a 12% interest rate or up to $250,000 and 250,000 euros with a 10% interest rate. In the first 100 days loans will be provided at 0% of the nominal interest rate.
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