All news related to LOANS

Unibank and Armenia’s Export Insurance Agency to provide affordable loans to small and medium-sized exporters

21.02.2018 12:32

Unibank and Armenia’s Export Insurance Agency to provide affordable loans to small and medium-sized exporters

YEREVAN, February 21. /ARKA/. Unibank and Armenia’s Export Insurance Agency have signed a cooperation agreement today to provide affordable loans to small and medium-sized exporters, starting from 8% annual interest rate. The Yerevan-based bank said in a press release that the terms of the loan are consonant with its policy to reduce loan rates.

According to the press release, the new lending program is designed to help increase the output of resident economic entities in Armenia, stimulate exports and introduce joint financial services for winning new markets.

‘The availability of loans to SMEs continues to be one of the topical issues. Unibank aims not only to improve lending terms, but also to simplify the loan application process. The terms of this particular loan are available to a larger number of exporting entrepreneurs, while the minimum package of required documents speeds up and simplifies the process of loan issuing. This approach allows the bank to become the most profitable partner for SMEs,’ the press release said.

Views: 515

Categories: Uncategorized | Comments Off on Unibank and Armenia’s Export Insurance Agency to provide affordable loans to small and medium-sized exporters

Tags:

Read more
Government to subsidize loans on intensive gardening

21.12.2017 17:47

Government to subsidize loans on intensive gardening

The government of Armenia has approved today a pilot program designed to subsidize interest rates on loans to be provided to farmers engaged in intensive gardening

Views: 1770

Categories: Uncategorized | Comments Off on Government to subsidize loans on intensive gardening

Tags:

Read more
Overdue loans of Armenian banks drop by 6% to 35.3 billion drams

01.12.2017 21:39

Overdue loans of Armenian banks drop by 6% to 35.3 billion drams

The overdue loans of Armenian banks as of October 2017 decreased by 6% from the previous month to 35.3 billion drams, according to numbers, released by the National Statistical Service (NSS)

Views: 2461

Categories: Uncategorized | Comments Off on Overdue loans of Armenian banks drop by 6% to 35.3 billion drams

Tags:

Read more
EFSD: Armenian growth is driven largely by exports

17.11.2017 17:42

EFSD: Armenian growth is driven largely by exports

The Eurasian Development Bank (EDB) commends Armenia for the positive effect from a set of reforms carried out by its government, Alisher Mirzoyev

Views: 3210

Categories: Economy | Comments Off on EFSD: Armenian growth is driven largely by exports

Tags: ,

Read more
Kamurj joins government program on subsidized loans

09.11.2017 16:30

Kamurj joins government program on subsidized loans

The Kamurj credit organization has joined an Armenian government’s program designed to provide subsidized agricultural loans, the ministry of agriculture said

Views: 1611

Categories: Uncategorized | Comments Off on Kamurj joins government program on subsidized loans

Tags: ,

Read more
Armenian citizens to be allowed to choose currency for repaying loans

25.10.2017 16:17

Armenian citizens to be allowed to choose currency for repaying loans

The Armenian National Assembly passed Wednesday at the second and final reading amendments to the law on residential mortgage lending

Views: 2779

Categories: Exchange market | Comments Off on Armenian citizens to be allowed to choose currency for repaying loans

Tags: ,

Read more
Unibank offers mortgage loans without prepayment

04.10.2017 12:38

Unibank offers mortgage loans without prepayment

Unibank offers mortgage loans without prepayment at primary and secondary markets for acquisition of residential accommodation and premises for business, the press office of the bank reported on Wednesday

Views: 2583

Categories: Uncategorized | Comments Off on Unibank offers mortgage loans without prepayment

Tags: , , , ,

Read more
Anelik Bank’s clients may use Idram to repay loans

06.09.2017 18:45

Anelik Bank’s clients may use Idram to repay loans

Anelik Bank said today that its customers may use the Idram payment service’s platforms to pay off their loans online

Views: 2876

Categories: Uncategorized | Comments Off on Anelik Bank’s clients may use Idram to repay loans

Tags:

Read more
Armenian farmers may claim loans at 2 percent rate

02.08.2017 17:27

Armenian farmers may claim loans at 2 percent rate

As part of a project designed to encourage Armenian farmers to switch to drip irrigation, the latter will be able to receive loans at a rate of 2% per annum for a period of three years, the press service of the Ministry of Agriculture said today

Views: 2917

Categories: Uncategorized | Comments Off on Armenian farmers may claim loans at 2 percent rate

Tags: ,

Read more
Loans provided to Armenian residents grew by 1.7 percent in June

01.08.2017 17:28

Loans provided to Armenian residents grew by 1.7 percent in June

The amount of loans provided to residents by Armenian banks in June increased by 1.7% from the previous month to 2.226.8 trillion drams, according to the Central Bank. It said when compared to the beginning of the year, loans to residents grew by 5.2%

Views: 2842

Categories: Banks, Banks, Banks, Banks, Banks, Banks, Banks, Banks, Banks, General news, General news, General news, General news, General news, General news, General news, General news, General news, General news, News, News, News, News, News, News, News, News, News, News, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour, News of the hour | Comments Off on Loans provided to Armenian residents grew by 1.7 percent in June

Tags: , , , , , , , , , ,

Read more