Yerevan/Mediamax/. “Areximbank – Gazprombank Group” announced reduction of interest rates on all types of credit products.

Mediamax was informed in the press service of the bank that from now on the annual interest rate on mortgage credits makes 14% in AMD and 12% in USD. Credits for real estate repair will be issued at the annual interest rate of 15% in AMD and 13% in USD.

The interest rates on legal entities’ crediting programs also reduced. According to the new tariffs, the annual interest rate for big business crediting starts from 10%.

As of August 31, 2010, the total volume of credits, issued by the bank, made 39bln 317mln 729 thousand AMD, of which 28bln 978mln 881 thousands was issued to legal entities and 10bln 338mln 848 thousands – to individuals.