Monday, June 25 2018 14:33

Ardshinbank offers favorable loan conditions through Meghucard

Ardshinbank offers favorable loan conditions through Meghucard

ArmInfoArdshybank offers favorable conditions for crediting with MasterCard/Meghucard. According to the press service of the bank, through Meghucard, customers will be able to receive a revolving credit line for 900  thousand AMD, with a maturity of up to 24 months.  In case of  repayment of the loan for 6 months, the borrower will be serviced at  the effective interest rate of 0%.

Meghucard is designed for non-cash settlement and payments from  program partners. Under the same contract, the borrower will be able  to purchase in installments in more than 70 retail outlets and  service centers, including in hardware stores, construction  materials, furniture, food and clothing, as well as in medical  centers, beauty salons, restaurants, hotels and gasoline station.

According to the source, to get Meghucard you need to approach any  branch of the Bank, submit a passport or ID card. Registration and  credit granting is free of charge. The decision to grant a loan is  made on the spot. Clicking on the following link  https://goo.gl/Sr5xdu or www.meghucard.am can obtain more detailed  information on the conditions for obtaining the card.

According to the 16th issue of the analytical survey "Armenian Banks  in the Card Business" prepared by IC ArmInfo, Ardshinbank is one of  the top five leaders in the total number of active cards - over  172,000, and the total volume of plastic transactions - about 103  billion AMD for 9 months of 2017, and only by the volume of ATM  transactions the position in TOP-3 is maintained - over 97 billion  AMD.

Ardshinbank was founded in 2003. The majority shareholders of  Ardshinbank are Arins Group LLC (renamed OOO Center for Business  Investments) on January 1, 2018 with a stake of 67.97% and CJSC  Industrial and Financial Corporation REGION - 29.52%. Ardshinbank is  the second largest bank in Armenia, having one of the largest branch  networks, consisting of 64 divisions. Ardshinbank is the only private  institution in Armenia that has been assigned ratings of two  international rating agencies (Moody's and Fitch) equal to Armenia's  country rating.

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