Favorable lending conditions create wider business development opportunities for the small and medium-sized enterprises and private entrepreneurs. We offer specially designed credit programs for a particular group of customers based on market-specific business studies. This kind of approach ensures an active development for the SME and fulfils the customers’ expectations.

Բիզնես վարկեր

Business loans

CREDIT LINE SECURED BY DEPOSIT AND BONDS

CREDIT LINE SECURED BY DEPOSIT AND BONDS

Intended Purpose

The loan is intended for business purposes.

Borrower Requirements

Resident individual entrepreneur or legal entity that is a customer of "Unibank" OJSC

Credit Line Amount

Up to 90% of the amount of the deposit/bond held at "Unibank" OJSC
At the customer's preference, the loan may be disbursed either as a revolving credit line or via a Visa Business card.

Currency

AMD, USD

Credit Line Term

Until the maturity date of the deposit/bond, with the possibility of extension

Collateral

Deposit and/or issued bond held at "Unibank" OJSC

Annual Interest Rate

AMD: +3.2% over the interest rate of the underlying deposit agreement, but not less than 13% per annum

USD: +3.2% over the interest rate of the underlying deposit agreement, but not less than 8% per annum

When the loan is disbursed in a currency different from that of the deposit or bond, the interest rate is calculated as follows: the maximum interest rate in effect for the deposit or bond in the requested loan currency, for the corresponding term, +3.2%, subject to a minimum of 13% and 8% for the respective currencies.

Loan Disbursement Procedure

Non-cash

Application Review Fee

Not required

Credit Line Activation Fee

—

Repayment Procedure

Monthly repayments or repayment at the end of the term, at the customer's preference.

Repayment Order

Overdue obligations shall be repaid in the following order: accounts receivable, state duty, arbitration fee, court costs, penalty, interest, and loan principal.

Attention: Failure to make timely payments of interest and principal may result in the borrower's information being registered in the credit registry. In the event of failure to fulfill loan obligations, repayment may be enforced against the borrower's collateral.

Penalties

The annual interest rate charged for exceeding the credit limit is in accordance with the Bank's tariffs.

In the event of two or more consecutive business days of delay in loan and interest payments, the borrower will be charged a monthly penalty equal to 2% of the overdue amount.

YOU HAVE THE RIGHT TO COMMUNICATE WITH THE BANK IN YOUR PREFERRED WAY: BY POSTAL OR ELECTRONIC MEANS. RECEIVING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, FREE FROM THE RISK OF LOSS OF PAPER INFORMATION AND ENSURES CONFIDENTIALITY.

ACCOUNT STATEMENTS ARE PROVIDED FOR FREE.

Certificates and information regarding accounts (regardless of the number of accounts) are provided in Armenian, Russian, and English:

AMD 2,000 if the customer has been served by the Bank for 6 months or more.

AMD 5,000 if the customer:

a) has been served by the Bank for less than 6 months; or
b) has not been a customer of the Bank.

Duplicates are issued at the same rates.

The loan is provided at the Bank's Yerevan branches: "Byron", "Tiv 47", "Kentron", "Komitas", "Malatiya", and "Tashir Kentron", as well as at all branches located in the regions.

ATTENTION: In case of non-fulfillment or improper fulfillment of your obligations, the creditor will, after 1 business day (within a maximum period of three business days), submit this information to the credit bureau, where your credit history is formed. You have the right to obtain your credit history from the credit bureau free of charge once a year.

ATTENTION: A negative credit history may prevent you from obtaining credit in the future.

For the purposes of customer due diligence as defined by the Law of the Republic of Armenia "On Combating Money Laundering and Terrorism Financing", it may, based on the "Know Your Customer" ("Know your customer") principle, request additional documents or other information.

Under the Foreign Account Tax Compliance Act (FATCA) and the agreement concluded with the United States, the Bank may, in order to determine whether you are a U.S. taxpayer, carry out additional collection of information.

ATTENTION: You can find detailed information on the formation and use of your credit history, as well as the steps and requirements aimed at improving your credit history, by following the LINK .

Information Center: +374 10 59 55 55
The bond-collateralized loan product is intended for the Bank's resident customers; a separate loan disbursement procedure applies for non-resident customers.

Back to the list


Updated: 10/08/18 17:14