Loans to legal entities

Currency

AMD, USD, EUR

Borrowers

RA resident and non-resident legal entities and individual entrepreneurs

Purpose

Working capital replenishment

Limit

Up to AMD  1,000,000,000 or equivalent in foreign currency

Provision method

Non-cash

Repayment period

Up to 5 years

Repayment method

Any loan granted under the credit line can be repaid in the following ways:

• One off – at the end of the term
• Annuity
• Springy
• Other schedule type can be defined with the consent of the parties

Annual interest rate

Starting from 12.5% for AMD, starting from 8% for USD, starting from 7% for EUR

Penalty for loan principal and/or interest overdue

• For overdue principal - 0,015 % daily
• For overdue interest - 0.1% daily

Interest rate for the non-utilized part

0 - 4 %(By the decision of the Bank's authorized body, 0% is set as preferable for the Bank in the case of existing or participating customers, in other cases, the minimum guideline threshold should be 0.5%.

Security

• Movable and immovable property
• Monetary funds available on deposit or current accounts
• Working capital, final product
• Standard gold bars or scrap, precious metals
• Short term bonds issued by the government or other securities

Fees

Credit account service fee in the amount of 0.5% of the loan amount, but not less than 20,000 AMD, maximum 100,000 AMD.

In case if the loan amount is received in cash, a cash withdrawal fee is charged from the bank account according to the current tariffs

State duties and other fees

• For ratification and registration of the pledge agreement state duty and/or service fee are paid to the

RA Authorized State Bodies.

• Valuation fee of the pledged securities according to the tariffs defined by the independent valuating companies.