Yerevan/Mediamax/. Prometey Bank announces the provision of business loans with a maturity date of up to 10 years.

Chairman of Prometey Bank Board of Directors Emil Soghomonyan told Mediamax that “this loan product is first of all aimed at the development of Armenian small and medium enterprises, and I think it provides attractive conditions in terms of long-term repayment. In particular, the 10-year maturity period of the loan will significantly reduce the amount of monthly repayments set by the timetable.”

The loans are provided for the development of the business with an annual interest rate starting from 12%. Besides, the bank does not apply various tariffs of credit account service – the customer pays only AMD 10 000 for the loan application.

Upon the desire of the client the loan can be provided in Armenian currency or in U.S. dollars.