For Corporate Clients

We provide loans from USD 1,500,000 or foreign currency equivalent (maximum amount is subject to the CBA norm on maximum risk per one borrower) for the development of large enterprises. Ameriabank is first in the banking system of Armenia by share capital and this considerably increases the acceptable limit for the loan as per the CBA norms.

Take this advantage and open a new page in your large business.

• Terms
• Terms (effective from 20.01.2019 to 05.07.2021)
• List of documents required for loans
• List of insurance companies cooperating with Ameriabank
• List of appraisers cooperating with Ameriabank

Loan rates can be variable/floating, in which case supplementary agreements on variable component are executed 

• Floating Interest Rate
• Agreement on Floating (Variable Component) Interest Rate Setting and Calculation
• Agreement on floating (variable) interest rate setting and calculation
• Base Rate

Loans are issued in non-cash form in AMD or other currency, either lump sum or by tranches.
 
The following items may be considered as security:

• cash, T-bills, standardized bullions of gold
• fixed assets (immovable, movable), guarantees and warranties
• cash flows, working assets or mixed collateral
  

Collateral Appraisal 
Fixed assets should be appraised by an independent company cooperating with the bank, subject to the company’s tariffs. Appraisal costs will be borne by the borrower. Appraisal costs vary within AMD 13,000-30,000 depending on the property type. Appraisal fee for the large property will be quoted on a case-by-case basis (negotiable).

Collateral Registration
All collateral registration costs (notarization, registration at the relevant branch of State Committee of the Real Estate Cadaster) will be borne by the borrower.

• Such fees include:
• Legal (notary) fee: AMD 14,000-16,000 (lump sum), if the loan is secured by a vehicle
• Legal (notary) fee: AMD 13,000-20,000 (lump sum), if the loan is secured by real estate
• Fee for statement from the cadaster on the real estate encumbrance: AMD 10,000
• Security interest filing fee (for real estate): AMD 26,000
• Armenian Police fee (lien and security interest in movable property): AMD 5,000 (lump sum)

Collateral insurance 
To the extent of the principal/outstanding loan, on annual basis. The collateral shall be insured by independent insurance companies cooperating with the bank. The following items are subject to insurance: real estate, except for land, movable property, inventories, such as finished goods, raw materials, etc. (upon request). Insurance costs shall be defrayed by the borrower.

When applying for a loan, make an informed decision