The Aremnia loans helps Armenian entrepreneurs get much-needed access to finance to grow their businesses, and also contribute to the strengthening of the Armenian financial sector.
The Armenia's loan sector is getting a boost from the European Bank for Reconstruction and Development (EBRD). Severel leading financials organisations and banks providing Armenia Loans to support the development of different sectors which includes :
ACBA-Credit Agricole bank
Ararat Bank
Ardshininvest Bank
Arexim Bank
ArmbusinessBank
Armeconom Bank
Armenian Development Bank
Armimpex Bank
Armswiss Bank
Artsakh Bank
Bank Anelik
BTA Invest Bank
Cascade Bank
Converse Bank
HSBC Bank Armenia
Ineco Bank
ITB International Trade Bank
Mellat Bank
Prometey Bank
Unibank
VTB-Armenia Bank
Not only these there are different cateogories of Armenia loans provided by the banks according to the needs in severeal spheres catering to the interest rates of different banks.
consumer loans
education loans
travel loans
deferred loans
pawn-shop loans
loans for flat repair
loans on the security of jewelry
agricultural loans
corporate loans
InecoBank will provide micro Armenian loans of up to $10,000 (or the equivalent in Armenian dram) with a maturity of up to two years and small Armenian loans of up to $60,000 with a maturity of up to three years. The lowest-interest loans in Armenia (11 percent per annum) is issued by HSBC Bank Armenia with a repayment term of up to seven years, and the highest is issued by Areximbank at 24 percent for 18 months.
