Unprecedented Terms for Business Loan Refinancing
Ameriabank

Unprecedented Terms for
Business Loan Refinancing

Unprecedented offer for SMEs with up to AMD 750 million annual turnover.

Refinance your current business loans from other banks and credit organizations to Ameriabank and get a lump-sum payment equal to 5% of the loan’s principal amount.

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Unprecedented Terms for Business Loans

We carefully develop each offer based on the every-day needs and requirements of business.
What your business needs right now? Our special care and attention.


Refinancing

If you have a business loan at other bank or credit organization, refinance it to Ameriabank and get a lump-sum payment equal to 5%of the loan’s principal amount. All costs related to pledging will be borne by Ameriabank.
  There is no loan provision fee.

An unprecedented offer for business loan  refinancing

Apply online and we will get back to you within 1 business day.

20 - 150 mln 

AMD in equivalent foreign currency

USD 5.9% - 7.9%

EUR 4.9% - 6.4%
actual annual interest rate

48 - 120 months

maturity period

Apply online

and we will get back to you within 1 business day.
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Description of Business Loan Refinancing Campaign

  • Terms
  • Loan purpose
  • Eligible loans
  • Period

Loans are issued on the standard terms effective for retail business loans secured by assets, with the following benefits:

Lump-sum amount paid to borrower

  • 5% of loan amount

Nominal annual interest rate 

  • USD 8.25% *
  • EUR 7.25% * 

 Actual annual percentage rate (APR) under the offer    

  • USD 5.9% - 7.4% *     
  • EUR 4.9% - 6.3% *

*adjustable

Maturity period:

  • 48-120 months at adjustable interest rate

Loan application fee

If the loan is approved on terms agreed with the client, but the client refuses to receive it, a penalty for 1% of the loan can be charged.


Full terms and conditions are available here

Transfer of business loans secured by property from other banks and credit organizations to Ameriabank

Eligible products

Retail business loans in currency secured by property for equivalent of AMD 20 million - AMD 150 million

Pledging
The Bank covers the following pledging costs.

  • Fee for unified statement from the State Committee of Real Estate Cadaster of the Government of the Republic of Armenia and for information about encumbrance of property (reference from the police in case of vehicles)
  • Notarization fee for pledge of real estate
  • Fee for filing and registration of the Bank’s security interest under pledge agreement
  • Collateral appraisal fee

From May 04, 2022 until and including August 31, 2022 

Terms (PDF)


Frequently Asked Questions

No extra costs, as you get a lump-sum payment for 5% of the loan that will enable you to pay early repayment penalties of the other bank. Where there are no early repayment penalties, or where the early repayment penalty is less than 5%, you will be free to manage this sum, as you will. The Bank will cover all pledging costs. There is no loan provision fee.

You get two loans: one in the amount of your outstanding loan from the other bank plus the 5% lump-sum payment, and another loan with no interest for the first six months.

Yes, in that case refinancing will be provided for equivalent currency of the current loan.

If you have received a business loan with a grace period (0% for 6 months) within the period starting from December 08, 2021 and ending on March 31, 2022, you can apply only for refinancing, and vice versa.

Useful links
Contact us

2 Vazgen Sargsyan Street, Yerevan 0010,RA

Tel․: +374 10 56 11 11

E-mail: info@ameriabank.am

Ameriabank CJSC is supervised by the CBA

© 2022 Ameriabank CJSC

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