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   SERVICES   |   Loans
Last update 19.09.2012 10:25

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Loan Calculator

Financial helper


LOANS FOR LEGAL ENTITIES

Entrepreneurial loans
ATTENTION The loans are provided to the State Non-Commercial Organizations or to the Customers, having AMD 200 million or more annual revenue

Loans collateralized by funds and bonds issued by the Bank

Loans under the gold bullion collateral

Loans under collateral of short-term government bonds and bonds issued by CB RA

Loans collateralized by funds under turnover

Loans secured by other collateral

Guarantees on funds collateral

Guarantees secured by other collateral

Letters of credit

General provisions

Application - Claim

List of necessary documents

ATTENTION The credit may be repaid prematurely. In case of pre-term credit repayment or the part of it penalty may be levied by the amount mentioned in the agreement.
Credits for small and medium business

Credits for small and medium enterprises

Credits granted within the program of National Center for Armenian SME Development Assistance

Credits granted within the program of KFW for contribution to SME

List of necessary documents

Application - Claim

Credits and guarantees for entities of micro enterprise

Loans (credit lines, overdrafts) secured by monetary funds

Loans (credit lines, overdrafts) secured by golden ingots and jewelry

Loans (credit lines, overdrafts) secured by the bonds issued by State Treasury and CBA

Guarantees (credit lines, overdrafts) secured by monetary funds

Guarantees (credit lines, overdrafts) secured by golden ingots and jewelry

Guarantees (credit lines, overdrafts) secured by the bonds issued by State Treasury and CBA

General provisions

Application - Claim

List of necessary documents

ATTENTION The interest rate of the credit may be changed in case and at the amount designed for the agreement.
The credit may be repaid prematurely. In case of pre-term credit repayment or the part of it penalty may be levied by the amount mentioned in the agreement.
Credits, granted for construction and/or upgrading of small hydro energy stations

Lending terms

Appendix

Application - Claim

List of necessary documents


LOANS FOR INDIVIDUALS

Loans secured by real estate

Lending terms

List of necessary documents

Application - Claim

Example of actual interest rates calculation

ATTENTION The interest rate of the credit may be changed in case and at the amount designed for the agreement.
Gold pledge credits

Lending terms

List of necessary documents

Application - Claim

Example of actual interest rates calculation

ATTENTION The Creditor can make pre-term full repayment of the credit or a part of it and get back the pledge items and no penalty is charged.
In case of violating the Agreement between the Creditor and the Bank, the Bank notifies the Creditor on pledge item levy in written form without applying to the Court.
If the amount obtained after pledge item realization isn't sufficient to comply all obligations toward the Bank the latter have a right to obtain the rest amount from other property of the Creditor.
The Bank obligations covered by the pledge item are satisfied by the Court decision if a ban is imposed by the state authorized persons or at other cases determined by the law.
The time of realization process of the pledge item can't be a base for ceasing the increase of Creditor obligations. At the expense of the amount obtained from the pledge item realization all obligations toward the Bank are covered at the date of pledge item realization.

Deposit pledge credits

Lending terms

List of necessary documents

Application - Claim

Example of actual interest rates calculation

ATTENTION No penalties are applied against the customer for total or partial repayment of the loan before the maturity date.
Loans for the purchase of used cars-properties of "Ardshininvestbank" CJSC and pledges of problem loans

Lending terms for loans secured by purchased car

Lending terms for loans secured by real estate

List of necessary documents

Mortgage loans

Mortgage loans under the stable house financing programs of KFW

Mortgage loans in cooperation with the "National Mortgage Company"

Mortgage loans in cooperation with UCO "House for youngs"

Mortgage loans from the Bank's own resources

Mortgage loans under the social program "Affordable housing for young specialists"

List of necessary documents

Application - Claim

Additional information

In the case improper use of credit the Bank has the right:
- to require the creditor to pay a fine of 10% of the loan amount (at a time) and to pay off entire loan amount early,
- to review the interest rate of the loan unilaterally, resetting it to twice to the Bank reference rate of the RA Central Bank, performing interest recalculation from the loan granting day until the day of the interest rate review.
Opening/closing of bank account - free of charge.
Minimum required balance of the account - not required.
If the credit is not granted:
a) if the Client wants to perform other operations with the bank account, rates applicable in the Bank will be used,
b) the account will be closed if the Client doesn't provide to use it.


AGRICULTURAL LOANS

Agricultural express loans

Lending terms

List of necessary documents

Application - Claim

Gold pledge credits for RA resident individuals and private entrepreneurs for agricultural development

Lending terms

List of necessary documents

Application - Claim

ATTENTION The credit may be repaid prematurely. No penalties are applied against the customer for total or partial repayment of the loan before the maturity date.

insuranceProperty estimation fees
Property type Fees
apartment min AMD 13'000, max AMD 15'000
house min AMD 22'000, max AMD 30'000
industrial area min AMD 33'000, max - on contractual basis
public significance area min AMD 21'000, max AMD 250'000
garage min AMD 7'000, max AMD 10'000
land (special, rural, etc.) min AMD 9'000, max AMD 50'000
vehicle min AMD 7'000, max AMD 10'000
truck, special mechanism min AMD 13'000, max AMD 20'000
insurance Insurance fees
Insurance type Fees
Property insurance 0.2% of the sum insured
Car insurance 2.5% of the sum insured
in case of taxi - 4.5% of the sum insured
Accident insurance 0.2% of the sum insured

ATTENTION   Your assets (house, car, etc.) may be confiscated if you don't make payments of interest and credit amount within the prescribed time, as well as other regulations specified in the Agreement between You and the Bank.
In case you do not repay the interests or credit amount within the prescribed time, information about You will be entered into the Credit Register.

If the implementation of Creditor’s obligation is secured, then at violation of the obligation undertaken by the creditor (not meeting the obligations or doing it in improper manner) the Bank satisfies its demand without taking it into court by recovering and realizing the pledge item on behalf of Depositor, accepting by right of ownership or by means of handover to the third person by right of ownership, or by means of condemnation of the pledge property by means of juridical covering in order, provided by pledge agreement concluded.

The credit application provider is informed on the decision on granting credit or credit denial within 2 business days after making a decision, with the exception of credits ensured by gold and fund when the application provider is informed at the day of application is applied.
The credit is granted after making all necessary action related to credit provision and after preparing all the legal documents (if necessary after being notarized) but if the credit is not formalized within 25 banking days then twice allowance of decision making person is necessary.

The changes in foreign currency for credits granted in foreign currency make changes in credit repayment.
The interests of the credits, extended in foreign currency are repaid in AMD at the average rate settled in the currency market at previous day.

Interests of the credits are calculated based on the nominal interest rate. Annual effective interest rate shows how much the loan will cost for you if payments of interest and other payments are done on time and in specified amounts.

Tariffs of credit operations

Clarification to the calculation of the annual effective interest rate and calculation examples (arm)


Cooperating companies

 

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Dear Customers,
In case of inconsistencies between the information in English and Russian languages
You need to be guided by Armenian version.
  The Bank is not liable for the accuracy and truthfulness of the content of any linked websites, as well as for the advertisements and possible consequences resulted from information use.
ARDSHININVESTBANK CJSC 2003-2014
0015, 13, Gr. Lusavorich Str., Yerevan, Armenia
Telephone: (+37410) 54-04-04   Fax: (+37410) 56-74-86   E-mail: office@ashib.am