ArmInfo. Ameriabank offers special individual approach to business development to SMEs. As the press service of the Bank explained to ArmInfo, the loan is provided taking into account the specifics of the activities of the subjects of this sphere. This promotion is valid until December 30, 2017.
According to the source, each individual borrower is subject to an individual credit approach, depending on the business income, the loan/pledge ratio, and the preferred repayment period indicated by him. Within the framework of this action, loans in AMD are provided to SMEs at an interest rate of 10.5%, in USD - 6.5%, in EUR - 5%.
According to the Financial Rating of the Armenian Banks as of July 1, 2017, prepared by the NA ArmInfo, Ameriabank holds the leading position on credit investments - 419.9 billion AMD (64.3% of assets), providing an annual growth of this indicator by 20.7%. In terms of lending to SMEs, Ameriabank is included in TOP-5 - 74.6 billion AMD with an annual growth of 20.2%. In the total loan portfolio of the Bank, the share of SMEs is about 18%, and in the total SME loans for the market, Ameriabank's share exceeds 12%. The first half of this year Ameriabank completed with a net profit of 3.3 billion AMD with annual growth of 55.8%. (calculated exchange rate of the AMD as of June 30, 2017 is 480.47 AMD/USD1).
CJSC Ameriabank is a universal bank that provides investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. The bank has been operating in the Armenian market since October 31, 1996. The branch network of Ameriabank today has 13 divisions: 8 - metropolitan and 5 - regional. As of July 1, 2017, the Bank's shareholders are Ameriain Group - 65.8%, EBRD - 20.7% and ESPS Holding Limited - 13.5%.