“SMART” Լivestock (subsidized)

Construction or reconstruction of “smart” livestock facilities with loose housing and their technological equipping

Model 1 livestock facility: designed for 20–25 head of cattle

Model 2 livestock facility: designed for 40–45 head of cattle

Model 3 livestock facility: designed for 95–100 head of cattle

AMD 

Model 1 livestock facility: 1,000,000 – 30,000,000 AMD

Model 2 livestock facility: 1,000,000 – 46,000,000 AMD

Model 3 livestock facility: 1,000,000 – 114,000,000 AMD

2.04 – 13.69%

 Not applicable

Minimum term: 12 months

Maximum term: 60 months

0 - 18 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.