
Ardshinbank reduced interest rates on loans secured by real estate and improved lending terms. The annual percentage of consumer loans in the national currency starts at 14.95%, for express loans in dollars - 11.95% and 7.95% - in euros. The Bank also provides entrepreneurial and agricultural loans against commercial real estate to legal entities and private entrepreneurs in the national currency starting at an annual rate of 15.95%, in US dollars starting at 11.95%, and in euros- from 8.5%.
"We are trying to do everything possible to create affordable and attractive credit conditions for all our customers. We have significantly reduced the annual interest rates on loans secured by real estate. In addition, we enable faithful customers to change lending conditions, in particular, to increase the loan amount, extend the term or reduce the interest rate. Loans secured by real estate give an opportunity to receive 5% of funds back (cash-back) from the repaid loan, said the Director for Strategic Development Armen Gasparyan.
A big advantage of loans secured by real estate is that the loan is issued without providing documents on income. In addition, under the terms of the loan, insurance is provided in the event of damage to the property or disability of the borrower, in the event of an accident, the borrower directly receives compensation.
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