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Areximbank-Gazprombank Group Has Improved Its Lending Terms

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  • Areximbank-Gazprombank Group Has Improved Its Lending Terms

    AREXIMBANK-GAZPROMBANK GROUP HAS IMPROVED ITS LENDING TERMS

    ArmInfo
    2010-09-10 13:31:00

    ArmInfo. Areximbank-Gazprombank Group has reduced interest rates for
    all types of loans.

    The press service of the bank reports that the interest rates of AMD
    mortgage loans have been reduced to 14%, USD mortgage loans - 12%,
    AMD and USD repair loans - 15% and 13%, respectively, corporate loans
    - 10%.

    Areximbank-Gazprombank Group was set up in 1998. As of Aug 31 2010
    the bank has issued loans worth a total of 39.317bln AMD, of which
    28.978bln AMD were AMD loans given to legal entities, 10.338bln AMD -
    individual loans.




    From: A. Papazian
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