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Export and pre-export insurance

Export and pre-export insurance

Expand export volumes: simply submit the certificate of insurance issued by the EIAA and make use of export/pre-export financing.

Export financing

Purpose of the loan export financing
Loan maturity 1-12 months
Annual nominal interest rate of the loan
Currency/Maturity 1-3 months 4-6 months 7-12 months
USD 6% 6.5% 7%
Euro 4% 4.5% 5%
Maximum loan amount "The insurance amount specified in the certificate of insurance issued by the "Export Insurance Agency of Armenia" ICJSC, minus non-refundable amount
Loan security "The right to get refund of the insurance amount on the basis of the certificate of insurance issued by the "Export Insurance Agency of Armenia" ICJSC
One-off fee for loan disbursement
  • 0.15% of the loan amount, for loans with maturity up to 6 months;
  • 0.3% of the loan amount, for loans with maturity of 7 months and longer
Fee for review of the loan application

AMD 0

Repayment procedure The loan is issued on the condition of monthly repayment of the interest amount and the opportunity to repay the principal loan amount at the end of the maturity term
Other conditions According to the Bank’s regulation

Pre-export financing

Purpose of the loan purchase of raw materials and other materials required for manufacturing of the products /services/ specified in the export agreement, as well as making other expenses
Loan maturity 1-12 months
Annual nominal interest rate of the loan*
Currency/Maturity 1-6 months 7-12 months
USD 6-7% 7-8%
Euro 5% 5.5-6%
Maximum loan amount "The insurance amount specified in the certificate of insurance issued by the "Export Insurance Agency of Armenia" ICJSC, minus non-refundable amount
Loan security "The right to get refund of the insurance amount on the basis of the certificate of insurance issued by the "Export Insurance Agency of Armenia" ICJSC, personal guarantee of the significant participants and head of the executive body of the borrower company, pledge of a share in the borrower company
One-off fee for loan disbursement
  • 0.15% of the loan amount, for loans with maturity up to 6 months;
  • 0.3% of the loan amount, for loans with maturity of 7 months and longe
Fee for review of the loan application

AMD 0

Repayment procedure The loan is issued on the condition of monthly repayment of the interest amount and the opportunity to repay the principal loan amount at the end of the maturity term
Other conditions According to the Bank’s regulation

* The interest rate does not include the insurance premium, which is paid by the bank and afterwards charged from the customer.