For Corporate Clients

Online Loan Campaign for Top 1000 Taxpayers

 

Loan type

Loan/overdraft

Amount

20% of total taxes paid to Armenian tax authorities during the most recent 12 months, as reported on the official website of the State Revenue Committee of Armenia. In any case, the amount of loan must be within 2-50 million Armenian drams or other currency equivalent. All amounts are rounded down to the nearest million for Armenian drams or thousand for USD/EUR.

Loan term

1 yr

Term of campaign

Campaign is open from February 24, 2020 until and including June 30, 2020.

Repayment of loan

At the end of term

Payment of interest

Monthly

Purpose

Online lending to large taxpayers

Manner of use

Wire transfer

Currency

AMD, USD, EUR

Interest rate: loan/overdraft**

AMD: 12.4%/12.9%

USD: 8.9%/9.9%

EUR: 7.9%/8.9%

 

**The following rates are applicable to companies with annual turnover below 750 million Armenian drams:

AMD: 13.9%/14.9%

USD: 10.9%/11.9%

EUR: 9.9%/10.9% 

Provision fee

0.5% of loan/credit limit

Interest rate on non-utilized amounts

N/a

Early repayment fee

N/a

Security

Shareholder guarantee

How to apply

Online via the bank’s website

Application review period

1 business day after applying online

Other terms

Loan sums to be transferred to current account with Ameriabank

Unsecured obligations to Ameriabank should not exceed 50% of average monthly turnover via accounts with Ameriabank.

Eligibility criteria
  • At the time of applying for loan online the company should be on the top 1000 taxpayer list as published on the official website of the State Revenue Committee of the Republic of Armenia at that time.
  • Revenue of the company for the most recent 12 months and/or financial year 2019 should be at least 100 million Armenian drams or other currency equivalent. 
  • The company should be a business registered and operating for at least the most recent 2 years as per the legal entities register of the Ministry of Justice of the Republic of Armenia.
  • Ameriabank does not finance businesses and activities prohibited by its lending policies and exclusion list.
  • Under this campaign each company can only get finance (loan or overdraft) once.

Factors affecting loan decision

  • Credit history
  • Legal record
  • Presence or absence of lien, compulsory enforcement acts, or restrictions on use of cash

 

*As per the list published on the official website of the State Revenue Committee of the Republic of Armenia.


Updated 26.02.2020, 17:08

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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