YEREVAN,  September 29. / ARKA /. VTB Bank (Armenia) has improved the terms  of lending to small businesses, saying in a press release that it has been paying a special attention to this segment of the economy.

"We offer loans to small business in the Armenian national currency at reduced interest rates – beginning from 13% and lines of credit  beginning from 14%. The maturity of business loans for replenishment of fixed assets is up to 60 months, and for replenishment of working capital is  up to 36 months ", according to the press release.

Loans and credit lines are  provided to individual entrepreneurs and  legal resident entities which have been engaged in  trade, construction, manufacturing, service delivery and others businesses for at least 6 months.

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Tags: Armenia, LOAN, small business, VTB Bank (Armenia)

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