Byblos Bank Armenia is introducing a special offer that provides a 3-month loan repayment holiday specifically to small and medium-sized businesses.

The bank said that when obtaining a new loan or transferring loans from other banks and credit organizations, entrepreneurs will be exempted from both interest and principal payments for a period of 3 months.

Throughout the grace period, no interest will be applied to the balance, while the principal amount will be evenly distributed over the remaining loan duration.

It is also noted that additionally, businesses will enjoy special terms of service, including a free business card and Online Banking service for the initial 15 months.

The special offer is valid until December 29, 2023.

You can find more detailed information about the offer here.

Further options for SME financing, along with their respective terms of service, can be found here.