Terms
tariffs
Micro
Medium
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
12%
Up to 60 months: 12%
Starting from the 61st month: The annual interest rate applicable
at the Bank at that time, in line with the contractual term of the
loan under the “AgroFast” agricultural loan type with the Bank’s
own resources
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.