Ahead of New Year holidays, Armbusinessbank has prepared “Winter Holidays” campaign for gold secured loans with the option of non-payment of interests and with a grace period for the repayment of the principal for three months.

The bank has said that the principal and interests will be paid monthly starting from the 4th month of the signing of the contract.

“Make haste to take advantage of the bank’s festive promotion, as it will be valid from December 2 to of December 30 inclusive. The loan is provided at nominal interest rate of 13% p.a., for the amount of up to AMD 2 million, at maturity of 1 year and annual effective interest rate of 16.21%.

Armbusinessbank regularly comes forth to its customers with similar campaigns and other pleasant surprises,” the bank said in a press statement.