Crediting | ARMBUSINESSBANK

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Crediting

Wish to start a journey or just spend money, buy an apartment or a car ...
There is no need to save money for many years. Having the support of Armbusinessbank, you can fulfill your dreams today owing to a wide range of loans offered by the Bank.

CONSUMER LOANS

◊ ABB - GOLD

◊ ABB - ON CREDIT

◊ ABB - TOURIST

◊ ABB - STUDENT

◊ ABB - FIRST-CLASS

◊ ABB - GUARANT

◊ ABB - STANDARD

◊ PROJECT LOANS

• “Computers for All”

• Loans for the purchase of household appliances, furniture and other goods

• Loans secured by movable and immovable property

• Loans for the purchase of household appliances

• Student loans

CAR LOANS

◊ ABB - AUTO

◊ CAR PROJECT LOANS

• “Affordable car to young families”

• Loans for vehicle acquisition

MORTGAGE LOANS

◊ ABB - HYPOTHEC

◊ ABB – COMFORT

◊ MORTGAGE PROJECT LOANS

• Mortgage loans (UCO “National Mortgage Company” CJSC)

• Mortgage loans (“State financial assistance to certain groups of citizens of NKR”)

• “Affordable Houses for the Young Families”

CREDIT LINES BY PAYMENT CARDS

◊ ABB - FIRST-CLASS +

◊ ABB - GUARANT +

◊ ABB - STANDARD +

◊ ABB - AFFORDABLE +

◊ ABB - SALARY +

◊ ABB - EXTRA +

◊ MY ABB

AGRICULTURAL LOANS

◊ AGRICULTURAL PROJECT LOANS

• “Water-to-Market” (“Millennium Challenge Account- Armenia” SNCO)

• Loans to the agricultural sector of NKR with partial subsidization of interest rates

• Agricultural loans to individuals

Repayment of loans is made in the same currency in which they were issued, while the accrued interests are charged in Armenian drams/ and in case of loans in foreign currency – at the average exchange rate on the money market as announced by the Central Bank of the Republic of Armenia for the payment date.

In case of loans disbursed in foreign currency, changes in the exchange rates may affect the repayment of loans.

IMPORTANT
Interests on loans are charged based on the nominal interest rate. The actual annual interest rate shows the cost of credit upon repayment of interests and making other payments in due terms and amounts.

User instruction for the calculation of actual interest rate
Template for calculating actual interest rate
Factors of satisfying or rejecting a customer loan application
Companies cooperating with the Bank for assessment and insurance of property to be pledged with the Bank

TARIFFS

FINANCIAL ASSISTANT

Updated on 12.06.2013, 16:35

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