Unibank has launched a new loan product “Preferential mortgage”, which allows refinancing the credit.

As the bank said in a statement, “Preferential mortgage” is aimed at improving credit conditions and reducing the debt burden.
 
It is possible to refinance the mortgage both in Armenian drams and US dollars. The interest rate on “Preferential Mortgage” is 13.75% per annum in AMD and 8.75% in USD.
 
In Unibank, one can get a loan from AMD 5 to AMD 100 million for a period of up to 120 months, or from $10,000 to $200,000 for a period of up to 240 months.

Unibank is controlled by the Central Bank of Armenia.