Friday, November 18 2011 17:30

Ameriabank offers its customers a mortgage loan with very small prepayment


ArmInfo. Ameriabank has introduced three new types of mortgage loans: a loan given against a deposit, a loan given against an additional collateral and a loan for the purchase of a house abroad or in Armenia's regions.

The press service of Ameriabank reports that the minimum interest on the loans is 13%, the maximum repayment period – 10 years. The prepayment for the loan given against an additional collateral is just 5%, for the other two loans - 20%.

For the loan given against a deposit the prepayment can be transferred to a deposit account - fully or partially. Should the borrower have problems with repaying the loan he will be able to take money from that account.

The remaining part of the loan is secured by the purchased property. As soon as the borrower repays the part secured by the deposit, he is free to use his deposit account for other purposes.

The security for the loan given for the purchase of a house abroad or in Armenia's regions is additional immovable property in Yerevan, the regions where the bank has branches or Tsakhkadzor and Jermuk.

The loan given against an additional collateral is meant for them who have no money for prepayment, have no stable income or additional immovable property.
POST A COMMENT
Input digits     


News
Deputy PM promises to consider  MP`s proposal to reduce sugar  consumption in ArmeniaDeputy PM promises to consider  MP`s proposal to reduce sugar  consumption in Armenia
20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank20 million drams for Artsakh students, 10 million drams for a kindergarten for Artsakh children: IDBank
David Ananyan on Crossroads of Peace project David Ananyan on Crossroads of Peace project 
Inspection Authority: Another 11 organizations  get licenses to  export flowers to RussiaInspection Authority: Another 11 organizations  get licenses to  export flowers to Russia
Yerevan to host Discover Armenia festival Yerevan to host Discover Armenia festival 
Landslide blocks traffic on section of Mtskheta-Stepantsminda-Lars  roadLandslide blocks traffic on section of Mtskheta-Stepantsminda-Lars  road
New goods traceability rules to take effect in Armenia New goods traceability rules to take effect in Armenia 
The Power of One Dram Turns FiveThe Power of One Dram Turns Five
Martin Galstyan: Foreign partners reaction to  peace agreement  between Armenia, Azerbaijan in Washington is positiveMartin Galstyan: Foreign partners reaction to  peace agreement  between Armenia, Azerbaijan in Washington is positive
AraratBank and “4090 Charity” Foundation: 2309 Meters Above the EarthAraratBank and “4090 Charity” Foundation: 2309 Meters Above the Earth
Martin Galstyan:  Armenia`s economic growth is projected to be  4.9-5.3%  in 2025Martin Galstyan:  Armenia`s economic growth is projected to be  4.9-5.3%  in 2025
ENA CJSC issues statement regarding queues for connection to   distribution network ENA CJSC issues statement regarding queues for connection to   distribution network
Pashinyan discusses  fiscal and expenditure framework of  Medium-Term  Expenditure Program (MTEP) for 2026-2028Pashinyan discusses  fiscal and expenditure framework of  Medium-Term  Expenditure Program (MTEP) for 2026-2028
idcoins and profitable mortgage loans. IDBank at TOON EXPO YEREVAN 2025idcoins and profitable mortgage loans. IDBank at TOON EXPO YEREVAN 2025
SRC head  thanks Iranian ambassador for effective cooperation in  tax  and customs spheres SRC head  thanks Iranian ambassador for effective cooperation in  tax  and customs spheres
Yerevan Municipality offers tax benefits for incomplete projects to  developersYerevan Municipality offers tax benefits for incomplete projects to  developers
RA MFA responds to report on `Pakistan-Armenia deal`  RA MFA responds to report on `Pakistan-Armenia deal` 
Pakistan to recognize Armenia as UN member state, Armenia to give  green light to Pakistan`s accession to EAEUPakistan to recognize Armenia as UN member state, Armenia to give  green light to Pakistan`s accession to EAEU
Record number of tourists in Armenia in May-Aug 2025Record number of tourists in Armenia in May-Aug 2025
Regulator fines companies for unreasonably high prices for servicing  cash registers Regulator fines companies for unreasonably high prices for servicing  cash registers 
Ardshinbank Participated in Toon Expo 2025 Real Estate ExhibitionArdshinbank Participated in Toon Expo 2025 Real Estate Exhibition
Armenia`s debt to World Bank increasing Armenia`s debt to World Bank increasing 
Russian-Armenian businessman Samvel Karapetyan promises large foreign  investments for Armenia Russian-Armenian businessman Samvel Karapetyan promises large foreign  investments for Armenia 
Armenia`s electric energy output shows 6.5% y/y declineArmenia`s electric energy output shows 6.5% y/y decline
Armenian metallurgy industry`s output down Armenian metallurgy industry`s output down 
Further decline in Armenia;s industry Further decline in Armenia;s industry 
Armenia paid $5bln for mere talks about Armenia drawing closer to EUArmenia paid $5bln for mere talks about Armenia drawing closer to EU
Trump Road to facilitate Armenia-Russian communication as well - RF  vice-premier  Trump Road to facilitate Armenia-Russian communication as well - RF  vice-premier  
Share of Armenia`s TOP-5 trade partners 65% of trade turnover Share of Armenia`s TOP-5 trade partners 65% of trade turnover 
Unblocking South Caucasus puzzle consisting of numerous pieces -  Alexey Overchuk Unblocking South Caucasus puzzle consisting of numerous pieces -  Alexey Overchuk 
Armenia, Japan discuss economic cooperation prospects Armenia, Japan discuss economic cooperation prospects 
Italian Ambassador appreciates Armenia`s efforts to create a  favorable environment for foreign investment Italian Ambassador appreciates Armenia`s efforts to create a  favorable environment for foreign investment 
Instant idcoins ahead of the Armenia-Portugal football match: Idram&IDBankInstant idcoins ahead of the Armenia-Portugal football match: Idram&IDBank
Question for Central Bank: what is the cause of crisis in Armenian  payment market?Question for Central Bank: what is the cause of crisis in Armenian  payment market?
Armenia`s foreign trade turnover 42% down Armenia`s foreign trade turnover 42% down 
imID-provided Mobile ID system to be available to Team subscribersimID-provided Mobile ID system to be available to Team subscribers
Economic activity 7.1% up in Armenia in Jan-July 2025Economic activity 7.1% up in Armenia in Jan-July 2025
While speaking of peace, Armenian premier unable to esnure passage of  Armenian trucks through Georgian checkpoints - RPAWhile speaking of peace, Armenian premier unable to esnure passage of  Armenian trucks through Georgian checkpoints - RPA
Armenia`s State Revenue Committee reveals sale counterfeit vodkaArmenia`s State Revenue Committee reveals sale counterfeit vodka
Armenian premier visits Expo 2025 OsakaArmenian premier visits Expo 2025 Osaka
Russian diplomats get acquainted with Russia-sponsored UNDP projects  in Armenian Syunik Russian diplomats get acquainted with Russia-sponsored UNDP projects  in Armenian Syunik 
Armenia  to implement unified state information platform for  employmentArmenia  to implement unified state information platform for  employment
Saving time and money: Buying and selling cars in Armenia has gone  digitalSaving time and money: Buying and selling cars in Armenia has gone  digital
Converse Bank to improve MSME competitiveness within   EU4Business-EBRD programConverse Bank to improve MSME competitiveness within   EU4Business-EBRD program
Russia expecting twofold reduction in trade with Armenia by year`s  end Russia expecting twofold reduction in trade with Armenia by year`s  end 
1% idcoin within the framework of TOON EXPO: Idram&IDBank1% idcoin within the framework of TOON EXPO: Idram&IDBank
Yerevan-Kapan-Yerevan flights temporary suspended Yerevan-Kapan-Yerevan flights temporary suspended 
EBRD to provide EUR 46mln for establishment of Yerevan Customs and  Logistic Center EBRD to provide EUR 46mln for establishment of Yerevan Customs and  Logistic Center 
Armenian NPP to get AMD 1.035mln loan carried over from 2024 Armenian NPP to get AMD 1.035mln loan carried over from 2024 
Rise in food, services prices causes 3.6% y/y inflation in Armenia Rise in food, services prices causes 3.6% y/y inflation in Armenia 
AraratBank Joins ArcaPay with 0% Money Transfer CommissionAraratBank Joins ArcaPay with 0% Money Transfer Commission
Real estate to be checked for debts Real estate to be checked for debts 
Ardshinbank Launches Ardshinbank Launches "How to Become a Millionaire" Raffle
DigiTec 2025: over 40,000 guests, 100 global technology leaders, 250  companies expected to participate DigiTec 2025: over 40,000 guests, 100 global technology leaders, 250  companies expected to participate 
GPS modules connected to servers of Subsoil Inspectorate to be  installed on quarry equipment and dump trucks in ArmeniaGPS modules connected to servers of Subsoil Inspectorate to be  installed on quarry equipment and dump trucks in Armenia
Asian Infrastructure Investment Bank  ready to support  development  of  economic, scientific and educational spheres in ArmeniaAsian Infrastructure Investment Bank  ready to support  development  of  economic, scientific and educational spheres in Armenia
Deputy Finance Minister: Armenian government to broad the scope of countries with which it has double taxation avoidance agreementsDeputy Finance Minister: Armenian government to broad the scope of countries with which it has double taxation avoidance agreements
Realtors in Armenia to hold qualification certificates, and all real  estate sale and rental ads to be verified on online platformRealtors in Armenia to hold qualification certificates, and all real  estate sale and rental ads to be verified on online platform
High-Tech Ministry presents progress on  AI based  data processing  center developmentHigh-Tech Ministry presents progress on  AI based  data processing  center development
Armenian authorities to permit installation of charging stations for  electric vehicles in parking lots and at retail outletsArmenian authorities to permit installation of charging stations for  electric vehicles in parking lots and at retail outlets
Read more
Exchange rates
10.09.2025
RUB4.51-0.09
USD382.49-0.46
EUR447.51-2.53
GBP517.74-2.08
CAD276.01-1.31
JPY25.93-0.21
CNY53.71-0.07
CHF479.37-3.18


Experts
Active consumer lending causes double-digit growth in bad loans Active consumer lending causes double-digit growth in bad loans 
Luys Foundation: Armenian government continues to face challenges in  budget planningLuys Foundation: Armenian government continues to face challenges in  budget planning
Armenia`s brandy and winemaking industry in crisis - economist Armenia`s brandy and winemaking industry in crisis - economist 
Read more

Commented
Even at embryonic stage, powerful impetus given to economic activity  in energy sector - ENA acting manager Even at embryonic stage, powerful impetus given to economic activity  in energy sector - ENA acting manager 
Armenian NA OKs ENA nationalization Armenian NA OKs ENA nationalization 
China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat China preparing to open new chapter of  One Belt, One Road initiative  with involvement of Armenia - diplomat 
The Merger between The Merger between "Ardshinbank" CJSC and "Ardshininvestbank" CJSC Has Been Completed
Ticket packets 1.2% of total number of transport tickets in Yerevan Ticket packets 1.2% of total number of transport tickets in Yerevan 

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2