ArmInfo. On the eve of the New Year, Ameriabank made an innovation by launching a single platform of primary mortgage market (https://estate.ameriabank.am/home), which presents the proposals of real estate developers working with the bank.
According to the press service of the bank, the platform offers to find real estate by price or monthly payment, with an opportunity to filter the property in accordance with its type, territorial location, number of rooms and other criteria. In particular, being in search of the desired property, on this platform, visitors will be able to see apartments and mansions in the primary market and, based on various criteria, make a choice and apply to the bank online. In turn, the bank will establish contact with the client and within 1 business day will provide detailed credit conditions. Thanks to the online application, the selected property will be pre-booked.
One of the advantages of the platform is also the availability of simple loan calculators. The first calculator helps to understand in advance the amount of loan can be applied for based on the indicated amount of monthly income (if there is a co-borrower) and available loan repayments. The second calculator allows you to calculate the amount of monthly repayments based on the value of the property, prepayment and loan conditions (term and interest rate).
According to the source, visitors to the website can see complete information about the developers, in particular their contact details, as well as get acquainted with the details of mortgage lending by visiting the conditions page. According to the Financial Rating of the Banks of Armenia prepared by IC ArmInfo as of September 30, 2019, Ameriabank holds leadership in terms of volume of mortgage loans - 66.5 billion drams ($ 139.6 million). In y-o-y terms the bank increased this portfolio by 81.2%, in only 9 months of 2019 - by 48.4%, of which for the III quarter - by 14.5%. The share of Ameriabank in total mortgage loans in the market exceeds 20%, and in the total credit investments of the bank, the share of mortgages reaches almost 12%.
To recall, Ameriabank is a universal bank offering corporate, retail and investment services in a comprehensive package. Ameriabank has been operating in the Armenian market since October 31, 1996. The shareholders of Ameriabank are Ameria Group CY Ltd. - 56.53%, EBRD - 17.78%, Asian Development Bank - 13.96%, ESPS Holding Limited - 11.73%.