ArmInfo.To prevent coronavirus, as well as to avoid crowding in the bank's branches, Ameriabank has decided to announce a "credit vacation" from March 13 up to May 13, 2020, inclusive, for all its individual and private entrepreneur clients, the press service of Bank reports.
All individuals and private entrepreneurs may skip regular repayments of their loans, including principal amount, accrued interest, service fees, and other payments, without any adverse effect. According to the source, interest repayments will be recalculated and reallocated over the remaining months of the loan in accordance with the revised schedule to be received in the manner chosen by you in advance.
Ameriabank, in order to prevent the spread of coronavirus and to avoid congestion in branches, decided from March 13 to May 13 to provide its customers (individuals and private entrepreneurs) with "credit holidays".
To prevent coronavirus, as well as to avoid crowding in the bank's branches, Ameriabank has decided to announce a "credit vacation" from March 13 up to May 13, 2020, inclusive, for all its individual and private entrepreneur clients. All individuals and private entrepreneurs may skip regular repayments of their loans, including principal amount, accrued interest, service fees, and other payments, without any adverse effect.
Accrued interest amounts will be recalculated and reallocated over the remaining months of the loan in accordance with the revised schedule to be received in the manner chosen by you in advance.
Ameriabank urges its customers to make use of the Bank's distance services and Contact Center operating 24/7, which can be reached at +374 10 561111. (https://ameriabank.am/Distancebanking.aspx?lang=33) (https://ameriabank.am/page.aspx?id=756&lang=33), Ї®§ў®Ёў ®¬Ґа +374 10 561111.
According to the Financial Rating of the Banks of Armenia as of December 31, 2019, prepared by ArmInfo IC, Ameriabank maintains leadership in the volume of credit investments - 579.6 billion drams ($ 1.2 billion), with ay-o-y growth of 6.2%. In the structure of the bank's loan portfolio, more than 26% is accounted for by retail lending, the volumes of which as of the reporting date exceeded 151.2 billion drams ($ 315.3 million, 4th position in the market), with an annual growth of 48%. Ameriabank's share in the total retail loan portfolio in the banking market is about 11%. In 2019, Ameriabank increased its net profit by 15.4% - up to 12.1 billion drams or $ 25.3 million, keeping the lead in this indicator.
To recall, Ameriabank CJSC is a universal bank providing 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 shareholders of Ameriabank on January 1, 2020 are Ameria Group CY Ltd. - 56.47%, EBRD - 17.76%, Asian Development Bank - 13.94%, ESPS Holding Limited - 11.83%.
