Thursday, March 28 2013 17:58

In Apr Ardshininvestbank to start issuing loans to social package account holders


ArmInfo. In Apr Ardshininvestbank will start issuing loans to social package account holders.

The press service of the bank reports that the loans will be six times the amount of the social package, with its interest rate to range from 12% to 14% depending on a customer's credit story.

The loans will be given in all of the bank's branches and should be used for the payment of the services to be provided by the bank's partner organizations and the repayment of mortgage loans.

The money can be used for health insurance and rest in the territory of Armenia and Nagorno-Karabakh.

According to ArmInfo's Ranking of Commercial Banks of Armenia, as of Jan 1 2013 Ardshininvestbank's assets made up 204.5bln AMD (5th rank, 27.5% more than on Jan 1 2012), capital 36.4bln AMD (3rd rank, 15.6% growth), loans 135.6bln AMD (4th rank, 45.5% growth).
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