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Finance

OIL:  BRENT - 78.98+1.53 WTI - 73.71+1.31
COMEX:  GOLD - 1967.50+0.36 SILVER - 23.35+0.73
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LME:  ALUMINIUM - 2389.00+1.08 COPPER - 8978.00+0.16
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LME:  LEAD - 2135.00+0.09 ZINC - 2936.50+0.84
FOREX:  USD/JPY - 131.69+0.87 EUR/GBP - 1.0835+0.23
FOREX:  EUR/USD - 1.0835+0.23 GBP/USD - 1.2321+0.06
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28/03/2023  CBA:  USD - 388.29-0.24 GBP - 477.98+1.60
28/03/2023  CBA:  EURO - 420.21+1.84
28/03/2023  CBA:  GOLD - 24296.62-608.99 SILVER - 285.75-3.68
March, 2023
March 2023
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Ardshinbank Significantly Improves Lending Terms for Micro-Businesses
11/10/2017 18:26

Ardshinbank Significantly Improves Lending Terms for Micro-Businesses

Ardshinbank offers better terms on loans for entrepreneurs and legal entities engaged in agriculture and business. Following the new terms, one can now get a loan in AMD at an annual interest rate starting from 11.25%, in USD – from 9,75%, and in case of loans in Euro – from 9%. Loans are provided without submission of statements on financial data.

“In order to boost micro-businesses, Ardshinbank has significantly improved terms of micro-business loans, according to which the company’s operating turnover affects the loan, the interest rate, as well as the loan amount. Thus, the higher the company’s turnover and the longer he ensures it, the higher the loan and the lower the interest rate is. We provide these loans with minimal analysis of business activities, which will be a stimulus to foster entrepreneurship, “said Armen Gasparyan, Strategic Development Director.

It should also be mentioned that within the frames of this product, the Bank refinances property secured loans in Armenian banks and credit organizations at 0.5-1 percentage points lower than the interest rate available to the borrower.

More information on micro-business loans can be found at www.ardshinbank.am, by calling (012) 22 22 22 or by using the “Call Back” service.

Ardshinbank is the second largest bank in Armenia with a broad sales network (64 branches). It is the only private entity in Armenia with assigned ratings from two international major rating agencies (Moody’s and Fitch) equal to the rating of Sovereign.

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AMD Rates
10:50 29/03 Buy Sell
AMD / USD 387.00 390.00
AMD / EUR 418.00 424.00
AMD / RUR 5.00 5.11
dollars
dollars
CBA Rates
28/03/2023
USD / AMD
388.29
-0.24%
EUR / AMD
420.21
+1.84%
RUR / AMD
5.07
-0.01%
GBP / AMD
477.98
+1.60%
Cryptocurrencies
10:50 29/03
BTC/AMD
10,711,018
+1.74%
BTC/USD
27585.10
+1.80%
ETH/USD
1791.31
+3.36%
BCH/USD
121.96
+0.03%
XRP/USD
0.541500
+11.70%
LTC/USD
90.71
+3.91%
BNB/USD
313.53
+0.85%
DOGE/USD
0.075231
+3.26%
ETH/BTC
0.064885682
+1.48%
BCH/BTC
0.004417797
-1.78%
XRP/BTC
0.000019614
+9.67%
LTC/BTC
0.003285562
+2.02%
BNB/BTC
0.011356704
-0.98%
DOGE/BTC
0.000002725
+1.38%
CBA Metals
28/03/2023
dram / gram
Gold
24296.62
-608.99%
Silver
285.75
-3.68%
FOREX
10:50 29/03
EUR/USD
1.0835
+0.23%
GBP/USD
1.2321
+0.06%
USD/JPY
131.69
+0.87%
EUR/GBP
0.8791
+0.17%
Oil
10:50 29/03
$ / barrel
Brent
78.98
+1.53%
Light Sweet
73.71
+1.31%
COMEX
10:50 29/03
$ / tr. oz
Gold
1967.50
+0.36%
Silver
23.35
+0.73%
Platinum
967.80
-1.17%
LME / 3M
10:50 29/03
$ / tonne
Aluminium
2389.00
+1.08%
Copper
8978.00
+0.16%
Nickel
24074.00
+0.97%
Tin
25770.00
+1.37%
Lead
2135.00
+0.09%
Zinc
2936.50
+0.84%
Molybdenum
57871.28
-3.49%
Cobalt
34430.00
+0.73%
Indexes
10:50 29/03
point
Dow Jones
32394.25
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S&P 500
3971.27
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NASDAQ
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FTSE
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CAC 40
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RTSI
999.83
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27518.25
+0.15%
Topix
1966.67
+0.25%
Hang Seng
19784.65
+1.11%
SSEC
3245.38
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CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
10.75
+0.00%
Lombard Repo
Lombard Repo Rate
12.25
+0.00%
Deposit
Deposit Rate
9.25
+0.00%
Macroeconomy
01/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
177.7
+1.40%
Export 1
Export
572.8
+130.0%
Import 1
Import
727.1
+72.5%
CPI
Consumer price index
+8.10
Avg. Salary 2
Average salary
249,278
+22.0%
Services 3
Volume of services
216.0
+25.9%
Construction 3
Volume of construction
16.0
+12.2%
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