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COMEX:  GOLD - 1732.70+0.38% SILVER - 17.95+1.01%
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LME:  ALUMINIUM - 1527.50+0.96% COPPER - 5342.50-0.60%
LME:  NICKEL - 12210.00-1.12% TIN - 15410.00+0.23%
LME:  LEAD - 1658.50-1.01% ZINC - 1937.50-1.95%
FOREX:  USD/JPY - 107.34-0.40% EUR/GBP - 0.8994+0.13%
FOREX:  EUR/USD - 1.109+0.75% GBP/USD - 1.233+0.64%
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27/05/2020  CBA:  PLATINUM - 12944.31 AMD -44.26
17/05/2016  NASDAQ OMX ARMENIA:   USD/AVG - 477.75 AMD -2.70
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Converse Bank offers "Bridge" short-term SME lending product
31/05/2019 20:49

Converse Bank offers "Bridge" short-term SME lending product

Converse Bank offers the "Bridge" product, allowing SMEs operating in different  spheres to receive up to 12 months lending for replenishment or short-term liquidity financing. Lending is provided in three currencies - AMD, USD and EURO.

“Bridge” loan is one of the best short-term financing tools for small and medium-sized enterprises, which differs from similar offers in the market, first of all, with flexibility. It allows the customer to plan the revenue and, accordingly, select the repayment period. The shorter it is, the lower the interest rate. In case of full repayment of the sum in the first quarter, the annual interest rate is 10% in AMD, 6% in USD and 5% in Euro.

After lending, the customer may wish to extend the repayment period up to 48 months.

It was also mentioned that at the initial stage of lending no visit to Converse Bank is required. The required consultation will be provided by the Bank employees within the framework of their visit to SME.

Further details are available at https://www.conversebank.am/en/BRIDGELOAN/

Ucom - broadband connection starting at AMD 6,000
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AMD Rates
10:00 29/05 Buy Sell
AMD / USD 482.00 486.00
AMD / EUR 527.00 533.00
AMD / RUR 6.78 6.90
dollars
dollars
CBA Rates
27/05/2020
USD / AMD
483.91
+0.09
EUR / AMD
533.66
+3.25
RUR / AMD
6.83
+0.02
GBP / AMD
597.53
+1.90
Cryptocurrencies
10:50 28/05
BTC/AMD
4,438,442
+3.51%
BTC/USD
9172.04
+3.49%
ETH/USD
207.11
+1.44%
BCH/USD
232.14
+2.08%
XRP/USD
0.20
+0.00%
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43.69
+2.25%
ETH/BTC
0.02258015
-1.94%
BCH/BTC
0.02530965
-1.33%
XRP/BTC
0.00002140
-3.08%
LTC/BTC
0.00476372
-1.17%
CBA Metals
27/05/2020
dram / gram
Gold
26763.76
-201.91
Silver
269.15
+4.71
Platinum
12944.31
-44.26
FOREX
10:00 29/05
EUR/USD
1.109
+0.75%
GBP/USD
1.233
+0.64%
USD/JPY
107.34
-0.40%
EUR/GBP
0.8994
+0.13%
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10:00 29/05
$ / barrel
Brent
35.00
+3.95%
Light Sweet
33.16
+5.77%
COMEX
10:00 29/05
$ / tr. oz
Gold
1732.70
+0.38%
Silver
17.95
+1.01%
Platinum
860.50
-1.41%
LME / 3M
10:00 29/05
$ / tonne
Aluminium
1527.50
+0.96%
Copper
5342.50
-0.60%
Nickel
12210.00
-1.12%
Tin
15410.00
+0.23%
Lead
1658.50
-1.01%
Zinc
1937.50
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18960.00
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30000.00
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10:00 29/05
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Dow Jones
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27/05/2020
Refinancing
Refinancing Rate
5.00
+0.00
Lombard Repo
Lombard Repo Rate
6.50
+0.00
Deposit
Deposit Rate
3.50
+0.00
Macroeconomy
03/2020
CEA
Coefficient of Economic Activity
-1.7%
Ind. Prod. 3
Volume of Industrial Production
585.21
+4.20%
Export 1
Экспорт
692.5
-8.10%
Import 1
Импорт
1,323.4
-11.50%
CPI
Consumer price index
+0.1%
Avg. Salary 2
Average salary
191,623
+9.30%
Services 3
Volume of services
585.44
+0.1%
Construction 3
Volume of construction
54.03
-21.9%
1 - mln AMD, 2 - AMD, 3 - bln AMD