Yerevan, October 4 /Mediamax/. “ARARATBANK” announced the launch of a number of credit actions.

As Mediamax was told in the press service of the bank today, starting from October 1 of 2007 up to March 1 of 2008, a new “4x4” car crediting program will be functioning particularly for purchasing all-wheel drive cars during the fall-winter season. The credit will be granted for the term of 5 years, the pre-pay will make 20-50%, the interest rate – 14-15% per year.

Starting from October 1 of 2007 and up to April 7 of 2008, there will be an action “Driving Women” functioning, within the framework of which the representatives of the female sex, who are 25 and over, will be granted a car credit on special terms. The repayment term of the credit will make 4 years, the interest rate – 14% per year, the credit/deposit ratio – up to 70% from the established cost of the car.

“ARARATBANK” also offers a credit for repair of cars, which have undergone a crash. The credit will be provided for the term of 2 years, the interest rate will make 16% per year, the sum of the credit – up to 1,5mln drams.

Starting from October 1, “ARARATBANK” offers a new product in the sphere of mortgage crediting – “New life in a new apartment”. The newly wedded couples, meeting the requirements of the bank, will be granted credits for the term of 15 years and interest rate of 11% per year.