Beeline and Unibank launch exclusive loan conditions

ArmInfo. Beeline and  Unibank offer new loan conditions to acquire devices at Beeline  offices.  

According to Beeline's announcement, within the frames of this  cooperation subscribers will be provided with 0% annual interest  loans without prepayment to be paid in installments, in case of  acquiring phones or other devices costing more than AMD 30 000.   "Beeline continues to take care of subscriber's convenience, seeking  to offer the most affordable prices and convenient terms. And we  continue to cooperate with our partners for that purpose and try to  operate in a way that our subscribers do not have to worry about  neither prepayment nor interest rate. Even installment purchase may  be simple and convenient with Beeline," remarked Beeline Armenia CEO  Andrey Pyatakhin.

"Today we offer our customers loans on very attractive terms and  registration within shortest possible period. Thanks to such  approach, Unibank is one of the leaders in terms of POS and cash  loans," says Gurgen Ghukasyan, Vice-Chairman of Executive Board,  Director for retail business promotion and sales.

For more information, visit Beeline's website (www.beeline.am),  contact the operation through online chat on the official page of  Beeline Armenia and on Facebook social media or visit one of the  company's offices. 

To note, ArmenTel CJSC (Beeline brand) is a member of VimpelCom  Group. VimpelCom is one of the world's largest integrated  telecommunications services operators providing voice and data  services through a range of traditional and broadband mobile and  fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan,  Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh,  Pakistan, Burundi, Zimbabwe, Central African Republic and Canada.   VimpelCom provides services under the "Beeline", "Kyivstar", "Wind",  "Infostrada" "Mobilink", "Leo", "Banglalink", "Telecel", and "Djezzy"  brands.

According to ArmInfo's Financial Rating of Armenian Banks, as of July  1 2016, Unibank was ranked the 2nd in terns of consumer loans  amounting to 63.5bln drams or 47.6% of total loan portfolio. Unibank  accounts for 12% of total consumer loans provided by Armenian banks.  As compared to July 1 2015, the bank increased consumer loans by 17%. 

Unibank was established in October 2001. As of July 1 2016, the  shareholders of the Bank are Gloveri Holdings Ltd - 93.5%, Russian  bankers Gagik Zakaryan and Giorgi Piskov (by 3.25%). These bankers -  former owners of Moscow-based Uniastrumbank and current majority  shareholders of UNIStream money transfer system are the shareholders  of Gloveri Holdings LTD.