18Oct
Active investment activities of the European Investment Bank in Armenia
The European Investment Bank (EIB), which is the financial organization of the European Union, continues its active investment activities in Armenia, providing special financing conditions for Armenian enterprises. The feature of the program lies in the fact that lending organizations can get a financial advantage by taking advantage of the preferential conditions of the investment program.
Within the framework of the program, enterprises operating in RA can use the financing provided for the development of agriculture and tourism under the following conditions:
- Funding currency: AMD
- Nominal financing interest rate: 9 - 9.5%
- Actual financing rate: 9.7-13.9%
- Financing period: 6-90 months, with a grace period of up to 24 months.
The program can be used by all those private small and medium-sized enterprises whose number of employees does not exceed 250, as well as those large organizations whose total number of employees is greater than 250 and does not exceed 3,000.
"Ameriabank" CJSC is controlled by the Central Bank of Armenia.