| Internet banking | My Converse | ||
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| Financing small and medium business development |

Financing small and medium business development

Develop your working business, trade, services, production by using convenient loan package offered by "Converse Bank" CJSC.
|
Currency |
Amount |
Term |
Interest rate* |
|
AMD |
100 000 - 60 000 000 |
From 3 months to 60 months |
16% - 24% |
|
USD** |
300 - 170 000 |
14% - 22% |
|
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EUR |
200 - 130 000 |
13% - 22% |
* Interest rate is calculated to the minimizing balance.
** In case of providing loans in foreign currency the interest amount is calculated at the rate of the FX value of the given day.
Interest rates and time periods are subject to conformity for each transaction, taking into account the purpose and structure of transaction, customer description and financial state.
| Necessary document for receiving loan
♦ Certificate of state registry Advantages
♦ Provision of AMD 1 500 000 without pledge |
Provided instruments
Pledge type ♦ Movable property or real estate Fines
♦ For each overdue day 0.1% of principle amount and 0.3% of interest amount |
Financing agro-business
You have a farm and want to develop it. But each development requires investments.
|
Instrument |
Amount |
Term |
Interest rate |
|
AMD |
AMD 100 000 - 35 000 000 or equivalent currency |
Up to 84 months |
Starting from 12% |
|
USD |
Above AMD 35 000 000 or equivalent currency |
| Necessary document for receiving loan
♦ Copy of charter Advantages
♦ Low interest rate |
Provided instruments
Pledge type ♦ Movable property and real estate
♦ For each overdue day 0.1% of overdue principle amount and 0.3% of overdue interest amount |
Example of the table of monthly repayments:
|
Amount |
Interest rate |
12 months |
24 months |
36 months |
48 months |
60 months |
|
1 500 000 |
24% |
141 839 |
79 307 |
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6 000 000 |
20% |
557 000 |
307 000 |
223 666 |
182 000 |
157 000 |
|
10 000 000 |
18% |
916 800 |
499 241 |
361 524 |
293 750 |
253 934 |
Dear customers,
For more details you can approach the Head-Office of the Bank on the address 26/1 Vazgen Sargsyan, Republic Square (telephone number 511200, 511211, 511208, 511237) or "Central" branch on the address 49 Komitas, Yerevan (telephone 236850, 236401), as well as the other branches of the bank on the following addresses and telephone numbers.