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25-09-2018 11:44 25296

ACBA CREDIT AGRICOLE BANK Head Office 1

 

Currency - AMD, USDDollars

Maturity period - 6-84 months

The maximum amount - AMD 10,000,000 / equivalent amount in another currency

Annual interest rate – in AMD -13.9, in USD Dollars- 10.9%

Frequency of repayment - at least two repayments per year, with the repayment schedule being computed taking into account the peculiarities of the economy and seasonality

Loan interest is calculated on a deductible balance of the loan

Provisioning means:

For standard agricultural loans - movable, immovable property, equipment, gold, other pledges

For simplified pledge for agricultural loans - guarantee of at least 2 persons and / or gold items

For express agricultural loans - 1-3 persons’ guarantee

For details: https://www.acba.am/en/farmers/special-offer-agro/preferential-loans-for-farmers

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