Ameriabank launches program for medium-sized businesses
Ameriabank has announced a new loan program for medium-sized businesses, Corporate Banking Director Levon Arevshatyan said.
"We have already reached agreement with two international organizations on $20-40 million," he told reporters on Tuesday.
"Enterprises with up to AMD 15 million annual income and no more than 250 employees are eligible to participate," he said, adding that 60-70% of the bank's clients are medium-sized companies.
The bank offers credits with 8 years maturity period, 3 years grace period and 11% interest rate.
"We have already reached agreement with two international organizations on $20-40 million," he told reporters on Tuesday.
"Enterprises with up to AMD 15 million annual income and no more than 250 employees are eligible to participate," he said, adding that 60-70% of the bank's clients are medium-sized companies.
The bank offers credits with 8 years maturity period, 3 years grace period and 11% interest rate.
