HERE AND BEYOND
Ameriabank Offers New SME Loans in Armenian Drams
Media Room
Ameriabank offers business loans in AMD to small and medium entrepreneurs whose business history is 6 months or longer. Loans are provided under the SME support programs funded by the German-Armenian Fund, at an interest rate of 13.5% per annum. The key objective of the program is to support companies and entrepreneurs in acquiring working assets, property and equipment required for development of their business.
The lending procedure has been simplified to that the client only needs to fill in the application form, and the bank will get back to them with preliminary decision in 2 business days.
As of H1 2015 Ameriabank is the leader by loan portfolio which stands at 257 billion AMD having secured 34% growth Y-o-Y, including 45% growth of SME loans.
Updated 19.09.2015, 19:32
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