Announcement

Collapse
No announcement yet.

Ameriabank Launches Large-Scale Business Financing Project

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Ameriabank Launches Large-Scale Business Financing Project

    AMERIABANK LAUNCHES LARGE-SCALE BUSINESS FINANCING PROJECT

    ArmInfo
    2009-12-08 13:12:00

    ArmInfo. Ameriabank launches a new large-scale business financing
    project. As Ameriabank's press-service told ArmInfo, the project
    will assure the terms of crediting, having no analogues, for all
    the businessmen with annual turnover of 5 mln to 5 bln drams and the
    number of employees not exceeding 250 people.

    Credits are provided to the sum of up to $1.5 mln and are available
    for both legal persons and individual entrepreneurs. The policy,
    laid in the bank's strategy, supposes an individual approach to each
    client with account of the client's business specifics. The new project
    also envisages a similar approach to each borrower. The credits are
    provided at 12% annual interest rate with 7-year repayment period,
    including a 2-year period of grace, during which only the interest
    on credit is repaid. Ameriabank offers an opportunity of crediting
    on preferential terms to the borrowers who properly fulfill their
    obligations: the interest rate on credit will reduce every six
    months during the first three years of the credit, irrespective of
    the financial market state. The new business financing project aims
    at assistance in promotion of the business-activity and development
    of different sectors of Armenia's economy.

    Ameriabank CJSC is an investment bank which offers corporate,
    investment and limited retail services in form of a complex package.

    Troika Dialogue Group of companies, being one of the biggest
    investment-banking companies of Russia, is Ameriabank's strategic
    partner.
Working...
X