Byblos Bank Armenia unveils two special offers for SMEs
Byblos Bank Armenia is introducing two special offers to promote the development of small and medium-sized businesses and the use of innovative ideas in SME growth.
An overdraft or unsecured loan with special terms of service delivers a number of measurable benefits. An existing loan, meanwhile, can be transferred to Byblos Bank Armenia on much better terms.
Unsecured loan or overdraft of up to AMD 25 million with special terms of service
Business owners can get an unsecured loan or overdraft of up to AMD 25 million (or foreign currency equivalent) on their business card with special terms of service: free business card service, free account opening, free activation and maintenance of the Online Banking Service. The package comes with no arrangement commissions.
3% lower interest rate when transferring a business loan to Byblos Bank Armenia
As part of the offer, business loans or overdraft can be transferred from other banks or credit organizations to Byblos Bank Armenia, with an interest rate that’s 3% lower, while the Bank will cover all transfer costs.
The special offers are valid until 31 December 2022.
You can find more detailed information here.
Other options of SME financing, as well as their terms can be found on the Bank’s official website.
Byblos Bank Armenia CJSC was founded and opened the doors of its first branch in 2007. Today, the Bank has four branches in Yerevan where customers can use various banking services and receive financial advice. The Bank provides its customers corporate-retail banking services that meet the highest international standards.