Converse Trade
The Bank provides funding for import and export of goods on the following conditions:
Loan maturity |
1-12 months | ||
Annual nominal interest rate of the loan |
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Currency/ Maturity | 1-3 months |
4-6 months | 7-12 months |
USD | 6% | 6.5% | 7% |
Euro | 4% | 4.5% | 5% |
Loan disbursement one-off fee |
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Fee for review of the loan application |
0 AMD |
The loan maturity can be prolonged for the maximum term of 48 months.
Interest rate for prolongation of the loan maturity, depending on the prolongation term, is:
Currency/ Maturity | Up to 12 months |
13-24 months | 25-36 months | 37-48 months |
USD | 7% | 8% | 9% | 10% |
Euro | 5% | 6% | 7% | 8% |
The loan is issued on the condition of repaying the interest amount on monthly basis, while the principal loan amount can be repaid at the end of the term. If the borrower delays repayment beyond the dates set by the repayment schedule, the Bank may develop another repayment schedule and/or set another interest rate for that loan.