Ameriabank has introduced a new credit package offering SMEs loans ranging from 5mln AMD to 50mln AMD and their equivalents in USD and EUR.
According to Retail Banking Director of Ameriabank Arman Barseghyan, the loan has no commission fee. The bank appraises and insures the security at its own expense. The borrowers are offered VISA/MC Business/Gold card. The borrowing procedure takes just two days, with very few documents required.
Those who solicit borrowings are rewarded with impersonal metallic accounts (1 gm of gold for a 5mln-12mln AMD loan and 2 gm of gold for 12mln-50mln AMD loan).
According to ArmInfo's Ranking of Commercial Banks of Armenia, in Q1 2013 Ameriabank had the biggest deposit portfolio in the country's banking system - 270.7bln AMD (66.7% more than in Q1 2012 and 30% more than in Q4 2012).