All news related to LOAN

VTB Bank (Armenia) launching last in 2017 loan-offering campaign

28.12.2017 13:48

VTB Bank (Armenia) launching last in 2017 loan-offering campaign

YEREVAN, December 28. /ARKA/. VTB Bank (Armenia) is launching the last in 2017 campaign offering gold-secured loans, the press office of the bank reported on Thursday.

The offer is in force until January 31, 2018.

The bank will provide loans in drams and in US dollars at 2% and 1% annual interest rates respectively.

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Armenia to get another KfW 15 million euro loan to enhance energy saving

19.12.2017 18:23

Armenia to get another KfW 15 million euro loan to enhance energy saving

The Central Bank of Armenia and the German bank KfW have signed a loan agreement today to the tune of 15 million euros. The funds will be used to finance the implementation of energy saving projects by micro, small and medium-sized businesses, the Central Bank said

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Armenia to attract $40 million loan from Asian Development Bank

13.12.2017 15:46

Armenia to attract $40 million loan from Asian Development Bank

The Armenian parliament has ratified today a loan agreement with the Asian Development Bank to the tune of $40 million

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Armenia receives third $100 million tranche of EFSD

08.12.2017 17:04

Armenia receives third $100 million tranche of EFSD

The Eurasian Fund for Stabilization and Development (EFSD), run by the Eurasian Development Bank, approved the release of the third tranche of a financial loan to Armenia in the amount of $ 100 million

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Armenia’s FINCA Credit Organization to receive $6-million loan and $200,000 in technical assistance grants from ADB

15.11.2017 16:17

Armenia’s FINCA Credit Organization to receive $6-million loan and $200,000 in technical assistance grants from ADB

The Asian Development Bank (ADB) is providing $6 million in loans and $200,000 in technical assistance grants to FINCA, one of the leading credit organizations in the country

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VTB Bank (Armenia) develops Super Card

14.11.2017 20:16

VTB Bank (Armenia) develops Super Card

VTB Bank (Armenia) said it has designed a new product, called Super Card, which offers a credit line with zero annual interest rate. The client pays only a monthly loan servicing fee (1.4% of the credit limit)

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Armenia to receive €80-million budget-supporting loan from Germany’s KfW

10.11.2017 14:39

Armenia to receive €80-million budget-supporting loan from Germany’s KfW

Armenia will receive a €80-million budget-supporting loan from Germany’s KfW Bank, Vardan Aramyan, Armenian finance minister, said Thursday at a regular cabinet meeting

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Armenian banks increase their reserves for possible loan losses by 17.7% to 177.3 billion drams

09.11.2017 16:44

Armenian banks increase their reserves for possible loan losses by 17.7% to 177.3 billion drams

Armenian banks increased their reserves for possible loan losses by 17.7% in the first 9 months of 2017 to 177.3 billion drams, according to ARKA news agency’s bulletin ‘Banks of Armenia” for the third quarter of 2017

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Anelik Bank offers gold-secured loans

31.10.2017 15:30

Anelik Bank offers gold-secured loans

Anelik Bank has launched a new campaign – it will provide gold-secured card loans until December 1, 2017 for up to six months at 8% and 9.5% interest rates for loans in foreign currencies and 11% and 12% for loans in drams, the press office of the bank reported on Monday

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Armenia to receive $40 million from ADB for fiscal and financial market reforms

25.10.2017 18:00

Armenia to receive $40 million from ADB for fiscal and financial market reforms

The Asian Development Bank’s (ADB) Board of Directors has approved a $40 million policy-based loan to help the Government of Armenia’s ongoing efforts to strengthen fiscal sustainability and support the development of financial markets in the country

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