Wednesday, December 5 2012 18:44

Unibank launches a fast cash loan on threshold of New Year holidays


ArmInfo. Unibank has announced the launch of a new credit product - a fast cash loan. The loan is provided to the customers in cash on the day of application. The press service of Unibank told ArmInfo that the loan is provided to individuals at the age ranging from 23 to 63 years for up to 24 months on the basis of their credit history. It is possible to receive the fast cash loan at any of the 43 branches of Unibank in Yerevan and in the regions by presenting only one's passport and social card.

The source says that on the threshold of New Year holidays, the demand for consumer loans is significantly growing and one needs to receive funds in a fast and convenient way. The redemption of the loan is made by means of monthly equal payments. Early redemption is possible without any restrictions or fines.

According to the Ranking of Armenian Banks by the Agency of Rating Marketing Information (ArmInfo), as of 1 Oct 2012, the total lending of the Bank amounted to 96.2 bln AMD (13.2% growth over Jan-Sept 2012). Consumer loans totaled 34.4 bln AMD (24.7% growth over Jan-Sept 2012) or 34.3% of loan portfolio. By consumer loans Unibank is among the top five leading banks of Armenia.
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