Monday, March 12 2012 13:54

Ameriabank offers car loans on special preferential terms on occasion of Women's Day


ArmInfo. On occasion of the Women's month in Armenia celebrated from March 8 to April 7, Ameriabank offers car loans on special terms, the company's press-service told ArmInfo.

The following terms are offered: Minimum down payment: 8%, Maximum term: 7 years, Annual interest rate: 15%, Currency: Armenian dram. No fines are charged in case of the loan repayment ahead of schedule.

The offers apply the following models Missan from Muran, Pegeot from Karkomauto, Renault from Megna or Ford, Range Rover and Volvo from Fora if the price of the car is within 15,000,000 Armenian drams. Ameriabank cooperates with 13 auto salons and is expected to expand this list. Car loans are available both in the primary and secondary markets.

Ranking of Armenian Banks prepared by ArmInfo says the portfolio of car loans has led Ameriabank to the top three banks with 2.4 billion drams as of Dec 31 2011 or nearly 27% of total consumer loan book.
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