Yerevan /Mediamax/. “Ameriabank” announced the launch of a large-scale business lending project today.

Mediamax was informed in “Ameriabank” press service that the project offers loans to all entrepreneurs, whose annual turnover makes from 5mln to 5bln AMD, and the number of employees does not exceed 250 people.

Loans at the volume of up to 1.5mln USD are issued to both legal entities and private entrepreneurs with the annual interest rates starting at 12%, for the term of 7 years, including the period of grace of up to 2 years, during which only the loan interests are being repaid.

“Ameriabank” offers borrowers, who properly fulfill their commitments, lending opportunity at preferential terms: each 6 months in the course of first three years the loan interest rate will be reduced.

This project aims at contributing to stirring up business activity and developing various sectors of Armenian economy.