YEREVAN, October 23. / ARKA /. Armenia-based Anelik Bank said today it has cut the interest rates on a loan, designed for individual clients wishing to borrow money to cover consumer needs, including the costs of festivities and other festive events. The loan called ‘Festive’ was introduced by the bank in April this year.

To get a loan, a client is required to provide a document certifying the amount of his/her income. The interest rate on the loan if it is provided in the Armenian national currency, the dram, was cut by 2.5-3 percent 18.8 percent and if its is provided in USD the interest rate was by 1.5-2 percent to 14.8 percent, according to first deputy chairman of the Bank Karen Janinyan.

According to Janinyan, the loan is available at all branches of the bank. Its payment term is up to 10 years, the maximum amount is 20 million drams, or the equivalent in foreign currency.

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Tags: Anelik Bank, festive, LOAN

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VTB Bank (Armenia) and Electric Networks of Armenia held today a benevolent festive event in Yerevan’s Hovhannes Tumanyan Puppet Theatre for children from orphanages in Gavar, Vanadzor and Yerevan and children of the bank and the company’s employees

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Tags: Bank VTB (Armenia), children, festive

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Anelik Bank offers new opportunities to the borrowers of “Wedding” and “Festive” loans

Categories: Banks @en, General news, News, News of the hour | Comments Off on Anelik Bank offers new opportunities to “Festive” and “Wedding” borrowers

Tags: Bank Anelik, festive, LOAN, Wedding

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