Wednesday, November 1 2017 18:59

ArmInfo. Ardshinbank significantly improved the terms of providing consumer loans in cash, significantly lowering the rate, which now starts at 20 per annum. As the press service of the Bank told ArmInfo, the maximum loan size - 1.6 million AMD was increased. The loan term is up to 120 months. The loan is granted for any purpose, without collateral or under the guarantee of third parties.

"Ardshinbank is systematically working to improve credit conditions and expand the product line, making the Bank's consumer loans even more accessible to the maximum number of customers. We significantly simplified the process of purchasing money, reducing the time of making a decision and issuing the loan itself is accepted within a few minutes, no information on income is required," said Armen Gasparyan, Director of Strategic Development of Ardshinbank.

To obtain a loan, one may apply to any branch of the bank, presenting only a document proving your identity. Note that for loans for a period of less than 12 months, compulsory insurance is not required.

More detailed information on services and terms of service can be obtained by calling the Bank's Communication Center (012) 222222 or by using the service on the site of the Bank "Callback".

According to the Financial Rating of the Armenian Banks, as of October 1, 2017, prepared by the NA ArmInfo, Ardshinbank is in the TOP-3 by the main balance sheet indicators: total capital - 64.2 bln AMD (annual growth of 21), assets - 501.6 bln AMD (annual growth of 13 , 5), credit investments and other loans - 340.4 billion AMD. Corporate loans dominate the loan portfolio of the Bank, but the retail portfolio is almost as fast as the growth rate. In the loan the share of consumer loans, in terms of which the second position on the market is held, accounts for portfolio of the Bank, about 20. 9 months of 2017 Ardshinbank completed with a net profit of 4.5 billion AMD, having increased this indicator by 29.8 year-on-year. The branch network of Ardshinbank is one of the largest in the banking system of Armenia - 64 branches, out of which 19 in Yerevan, 42 in regions and 3 in NKR. The majority shareholders of Ardshinbank are OOO Arins Group (this is renamed OOO Center for Business Investments) with a 70,1145 interest in the capital and REGION Industrial and Financial Corporation - 28.3889.  Ardshinbank is the only private institution in Armenia that has been assigned ratings of two international rating agencies (Moody's and Fitch), equal to the rating of the Republic of Armenia.