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ACBA-CREDIT AGRICOLE BANK launches low-interest 'saving loans' program for introduction of energy-efficient technologies

10.04.2015 16:55

ACBA-CREDIT AGRICOLE BANK launches low-interest 'saving loans' program for introduction of energy-efficient technologies

YEREVAN, April 10. / ARKA /. Speaking at a news conference today ACBA-CREDIT AGRICOLE BANK CEO Hakob Andreasyan said the Bank is launching a program designed to provide low-interest 'saving loans' for introduction of energy-efficient technologies.

He said the loans' repayable term is 8 years and the minimum amount is $30,000. He did not say what the maximum amount is.

Andreasyan explained that the program also provides for loans, 10% of which will be provided as grants.

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