Ameriabank offers SMEs business loans in Armenian dram at 13.5% annual interest

ArmInfo. Ameriabank offers small and medium-sized enterprises (SMEs) business loans in terms of the Armenian dram (AMD) at 13.5% annual interest.  The bank looks to help legal entities and private businessmen get circulating and fixed assets necessary for development. Ameriabank's press-office told ArmInfo loans are provided under GAF SME finance projects.

A borrower is informed of the bank's preliminary decision within 2 days since the moment of application.

In the first half of 2015, Ameriabank was the leader in the Armenian banking market by credit exposures - 257 million drams with a 34% year over year growth. The bank's SME finance portfolio grew 45% y-o-y.

Ameriabank CJSC  is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. Ameria Group CY Ltd. is the sole shareholder of the Bank.