For Corporate Clients

Renewable Energy Loans

 

Loans_to_large_enterprises


If you operate in power supply industry, want to implement your new projects or develop your current business, we are the right partner for you.

 

 

Wish to become a leader in developing renewable energy sector of Armenia? This program is exactly what you need for your daring steps. 

 

 

 


Loans_to_large_enterprises



Ameriabank offers unique financing terms for power supply industry, particularly for construction of hydropower plants and wind power plants.

Loans with up to 12 years term, up to 3 years grace period (only interests to be paid)

 

Loans are issued in non-cash form in Armenian drams or other currencies, either lump sum or in several disbursements.

The following items may be considered as security:

  • cash, T-bills, standardized bullions of gold
  • fixed assets (immovable, movable), guarantees and warranties
  • cash flows, working assets or mixed collateral

Collateral Appraisal 
Fixed assets should be appraised by an independent company cooperating with the bank, subject to the company’s tariffs. Appraisal costs will be borne by the borrower. Appraisal costs vary within AMD 13,000-30,000 depending on the property type. Appraisal fee for the large property will be quoted on a case-by-case basis (negotiable).

Collateral Registration
All collateral registration costs (notarization, registration at the relevant branch of State Committee of the Real Estate Cadaster) will be borne by the borrower.

  • Such fees include:
  • Legal (notary) fee: AMD 14,000-16,000 (lump sum), if the loan is secured by a vehicle
  • Legal (notary) fee: AMD 13,000-20,000 (lump sum), if the loan is secured by real estate
  • Fee for statement from the cadaster on the real estate encumbrance: AMD 10,000
  • Security interest filing fee (for real estate): AMD 26,000
  • Armenian Police fee (lien and security interest in movable property): AMD 5,000 (lump sum)

 

Collateral insurance 
To the extent of the principal/outstanding loan, on annual basis. The collateral shall be insured by independent insurance companies cooperating with the bank. The following items are subject to insurance: real estate, except for land, movable property, inventories, such as finished goods, raw materials, etc. (upon request). Insurance costs shall be defrayed by the borrower.


When applying for a loan, make an informed decision

 



Updated 29.04.2019, 17:20

Services for Corporate Clients

HEAD OFFICE

2 Vazgen Sargsyan Street, Yerevan 0010,RA

Tel.: +37410 56 11 11

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+1 888 802 5352

UK:

+448000903191

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