Ameriabank has announced new types of AMD loans for small and medium-sized companies which have been operating six months or longer, ARKA reports citing the bank's press office.
Ameriabank offers loans with an interest rate of up to 13.5% per annum as part of the German-Armenian Fund's SME support programs.
The loan aims to help entrepreneurs in purchasing floating and fixed assets necessary for developing their businesses. Business loans are available on a simplified procedure: borrowers only need to fill in their applications and wait two working days for the bank's preliminary decision.
Ameriabank's credit investments amounted to AMD 257 billion in the first half of this year, which is by 34% more against the same period of last year. The bank's credit investmetns into SMEs grew by 45%.
Ameriabank is a universal bank providing investment, corporate and retail banking services in a comprehensive package of banking solutions. This is the first investment bank in Armenia that has been providing a wide range of innovative banking services since 2007.
