Ameriabank provides new SME loans in AMD - News | Ameriabank
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16Sep

Ameriabank provides new SME loans in AMD

16 Sep, 2015 | Press release, All | Return|

Ameriabank provides business loans in AMD to small and medium entrepreneurs who have been operating for at least 6 months or more. SME loans are provided by Ameriabank at an annual interest rate of 13.5% within the SME support programs implemented by the German Armenian Fund. The main purpose of lending is to support legal entities and individual entrepreneurs to acquire working and fixed assets necessary for the development of their business. The business loan is provided in a simplified way, it is only necessary for the borrower to fill out the appropriate application at the bank and within 2 banking days he will be informed about the bank's preliminary decision. It should also be noted that according to the half-year results of the current year, Ameriabank is the leader in the volume of credit investments, which amounted to 257 billion AMD, increasing by 34% compared to the same period of the previous year, including the growth of SMEs in the mentioned period was 45%.