Armenia

Up to AMD 1 billion in business financing: Byblos Bank Armenia’s new offer

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Up to AMD 1 billion in business financing: Byblos Bank Armenia’s new offer

Byblos Bank Armenia press release 

Byblos Bank Armenia is offering preferential terms for businesses seeking financing or refinancing, including:

-          Interest rates starting from 10% in AMD and 7% in USD

-          Financing from AMD 10 million to AMD 1 billion, or from USD 30,000 to USD 3 million

-          Loan terms of up to 180 months (with preferential terms available for up to 12 months)

-          Fixed interest rates for up to 2 years

-          Financing of up to 80% of the market value of the collateral

-          Up to 7% interest on the positive balance of AMD accounts opened during the campaign

The offer also includes a number of other benefits. For more information on the terms and conditions, please visit the Bank’s official website or call +374 60 61 61 00.

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The Bank is supervised by the CBA.

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