In the framework of “2:0 in favor of the client” campaign, Armbusinessbank offers “Urgent” and “Mini” loans tailored for legal entities and individual entrepreneurs.

“Make haste to take part in the campaign and use these loans without paying interest for the first 2 months. The promotion is valid until February 1,” the bank said.

The “Urgent” loan is provided within a few hours, without financial analysis by the bank, in the amount of up to AMD 7m or equivalent foreign currency, at nominal interest rate of 13-15% (depending on the currency), while the effective annual interest rate is 12.8 -21.36%, with a maturity of up to 60 months.

The “Mini” loan is provided for the period of up to 5 years, under collateral of immovable property, in the amount of up to AMD 50m or equivalent foreign currency, at nominal interest rate of 11-13% (depending on the currency), while the effective annual interest rate is 12.8 -21.36%. Positive financial analysis is a precondition for the provision of this loan.

“Since the development of small business segment is one of the target areas of Armbusinessbank for 2019-2021, both on New Year eve and in 2020, the bank will continue presenting various products that will interest small businesses and individual entrepreneurs.

Meet the New Year with new investments!” Armbusinessbank said.