Reflecting the stable and trusted partnership between the Bank and Small and Medium Enterprises (SMEs), Armeconombank has decided to revise the terms of several active loans to lighten the financial burden on businesses and stimulate their growth.
Interest rates for 1,526 customers with a total loan portfolio of AMD 16.3 billion have been reduced by up to 1.5%.
The Bank is confident that improving financing conditions will allow businesses to spend less on debt servicing and redirect those freed-up resources toward operational development, production expansion, new investments, and enhancing overall competitiveness.
The opportunity for interest rate revision has become available to organizations operating in various sectors - including manufacturing, agriculture, trade, services, and tourism - both in Yerevan and across the regions of Armenia.
Armeconombank will continue to provide its partners with competitive, flexible, and long-term financial solutions, contributing to the sustainable development of Armenia’s business environment.