ArmInfo. Ardshinbank offers natural persons loans to individuals on security of real estate on improved terms - the interest rate has been reduced and the size of the loan has been increased, and for bona fide borrowers 5% cash-back operates. As the press service of the Bank explained to ArmInfo, for AMD credits of this class, now the annual rate starts at 14%, for USD loans - from 12% and for EUR - from 10%.
According to the source, henceforth, clients on this type of loan are able to get a loan of up to 40 million AMD, up to $ 80 thousand, up to 70 thousand EUR, regardless of where the real estate is located - in the region or in Yerevan (in the center or on the periphery of the capital). For this type of loan there is another advantage - a refund on real estate insurance and from accidents gets the borrower.
The bank recalls that for borrowers who repay their loans secured by real estate, 5% cash-back is valid.
For more information on loans secured by real estate, please visit the official website of the bank www.ardshinbank.am, or by calling the number (012) 222222, or by using the "Callback" service on the bank's website.
According to the Financial Rating of the Armenian Banks, as of October 1, 2017, prepared by NA ArmInfo, Ardshinbank is in TOP-3 on the main balance sheet indicators: total capital - 64.2 billion drams (annual growth of 21%), assets - 501.6 billion AMD (annual growth of 13 , 5%), credit investments and other loans - 340.4 billion. Corporate loans dominate the loan portfolio of the Bank, but the retail portfolio is almost as fast as the growth rate. In the loan portfolio of the Bank, about 20% is accounted for by the share of consumer loans, in terms of which the second position on the market is held. Under mortgage loans Ardshinbank holds the 1st position, ensuring high annual growth rates of absolute value. With consumer loans secured by real estate, Ardshinbank is included in the TOP-5, also ensuring high annual growth rates. 9 months of 2017 Ardshinbank completed with a net profit of 4.5 billion drams, having increased this indicator by 29.8% year-on-year. The branch network of Ardshinbank is one of the largest in the banking system of Armenia - 64 branches, out of which 19 in Yerevan, 42 in regions and 3 in NKR. The majority shareholders of Ardshinbank are OOO Arins Group (this is renamed OOO Center for Business Investments) with a 70,1145% interest in the capital and REGION Industrial and Financial Corporation - 28.3889%. Ardshinbank is the only private institution in Armenia that has been assigned ratings of two international rating agencies (Moody's and Fitch), equal to the rating of the Republic of Armenia.