Terms
tariffs
Micro
Medium
Purchase (import) of pedigree cattle (bovine animals)
AMD
5,000,000 - 300,000,000 AMD
14%
14․95 – 17.52%
Not applicable
Minimum term: 12 months
Maximum term: 60 months
0 - 12 months
0.1% per day
0.13% per day
none
Resident legal entity or individual entrepreneur of the Republic of Armenia
- Annuity: Equal monthly payments of principal and interest.
- Differentiated: Equal monthly principal payments with monthly interest payments.
Custom Schedule: Individual repayment schedule tailored to the borrower’s needs.
The repayment method is chosen by the customer.
Real estate and/or
Guarantee(s):
• For clients that are legal entities — personal guarantees from the founders of the business and ultimate beneficiaries;
• For individual entrepreneurs — if the ultimate beneficiary is a third party, a guarantee from the ultimate beneficiary is required.
Movable property: in cases where real estate does not ensure the required loan-to-collateral ratio, movable property may serve as additional collateral. In this case, when both real and movable property are pledged, the share of movable property in the overall loan-to-collateral ratio cannot exceed 20%.
By decision of the Credit Committee, other forms of collateral may also be required.
In case of pledging a motor vehicle, the manufacturing age must not exceed:
5 years for vehicles of Russian manufacture,
10 years for vehicles manufactured in other countries.
The collateral is subject to appraisal by an independent valuation agency cooperating with the Bank and/or by a Bank employee, depending on the loan amount.
Valuation performed by a Bank employee is free of charge.