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Ameriabank To Grant Rural Credits

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  • Ameriabank To Grant Rural Credits

    AMERIABANK TO GRANT RURAL CREDITS

    PanARMENIAN.Net
    11.05.2009 21:04 GMT+04:00

    /PanARMENIAN.Net/ The Millennium Challenge Account has provided
    Ameriabank with credits to finance rural areas development. Loans can
    be granted to Armenian regions with the exception of Gegharkunik and
    Tavush which were included in rural roads repair program launched by
    the Millennium Challenge Account.

    The loans will amount from AMD300 000 to AMD10.5million with 2-7
    years maturity period and up to 12% annual percentage rate.
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