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A Beneficial Lending Option: ABB - EXTRA or ABB - EXTRA+?

ARMBUSINESSBANK continues to improve its credit products introducing various lending possibilities.

The Bank offers property secured funding to individuals through ABB - Extra or ABB- Extra+ credit lines. As a collateral can be accepted real estate, land parcel or a vehicle.

ABB-Extra   is a consumer loan secured by real estate, enabling  to receive funding in the amount of 3 -100 mln AMD with a maturity of 30 to 120 months. The annual nominal interest rate of the loan ranges from 15 to 18%, and the annual effective interest rate - from 16.9 to 23.7%.

With ABB-Extra+ customers can get a credit line in the amount of 3-50 mln AMD against not only immovable but also movable property.

The credit line will be provided for a period of 40-120 months against real estate security, and for 40-60 months - against movable property security.

The annual nominal interest rate of the credit line ranges from 16 to 18%, and the annual effective interest rate ranges from 18.2 to 23.7%.

Loans are provided based on borrower’s income, as well as without income analysis.

To benefit from the lending opportunity, it is necessary to have a positive credit history and meet the requirements set by the Bank.

ARMBUSINESSBANK is controlled by the RA Central Bank

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In case of any inconsistency between the information published in Russian and English, you need to be guided by Armenian version.
“ARMBUSINESSBANK” CJSC is not liable for the accuracy of the content of any linked websites, as well as for the advertisements and possible consequences resulted from the use of information provided on the linked websites by the third parties.
Neither is "ARMBUSINESSBANK" CJSC liable for the accuracy of the content of information linked on the websites of third parties about the terms and fee schedule for the services rendered by the Bank.

Official page address of "ARMBUSINESSBANK" CJSC on Facebook: https://www.facebook.com/armbusinessbankofficial
Official page address of "ARMBUSINESSBANK" CJSC on Instagram: https://www.instagram.com/armbusinessbank_official
www.armbusinessbank.am

The Bank is controlled by the Central Bank of Armenia

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