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Automated Loan - valid from 02.06.2026
Currency	AMD, USD, EUR
Purpose	1. Replenishment of operating assets 2. Acquisition of fixed assets 3. Capital investment-making 4. Financing of current expenditures 5. Redemption of the accounts payable
Annual Percentage Rate	AMD: 15%, USD: 14%. EUR: 12.5%
Actual annual percentage rate	9.94%-24%
Type of percentage rate	fixed
Tenor (month)	12-60 months
Annual rate for the principal loan	24%
Minimum amount	AMD 1,000,000 or 2,000 USD / EUR
Maximum amount	AMD 15,000,000 or 50,000 USD / EUR
Grace period for the redemption of the principal loan amount	Up to 12 months inclusive
Procedure for the redemption of the principal amount and the interest	Annuity-based (the sum total of the loan amount and the interest shall be paid in equal amounts on a monthly basis)
Loan redemption date	The 1st day of every month unless any other date is specified by the borrower
Surety	Pledging of funds circulating through the Customer’s bank accounts without applying a freeze/restriction
Guarantor	1. No guarantor shall be required for an individual entrepreneur (IE) provided the IE owns real property under the right of ownership 2. Whenever the IE owns no real property under the right of ownership, there will be a requirement for a guarantor, such as the director or any other individual, owning property under the right of ownership. 3. No guarantor shall be required for an LLC provided the LLC owns real property under the right of ownership. 4. Whenever the LLC owns no property under the right of ownership, there will be a requirement for a guarantor such as the director or any other individual owning property under the right of ownership.
In the event of non-payment of the principal loan amount (part thereof)	In the twofold amount of the CBA banking rate as of the date of entry into contract
Method of using the loan	Non-cash/cash
Application screening fee	Not established
Lump sum for loan issuance	Not established
Loan withdrawal	Subject to the Bank's tariffs
Other requirements and restrictions applying to the borrower’s activity	In accordance with Annex 1

Information about Score and Credit History

Important to know

◾The Bank may request additional documents or other information from the consumer based on the “Know Your Customer” principle for the purpose of conducting due diligence on the customer as defined by the RA Law “On Combating Money Laundering and Financing of Terrorism”, as well as ask the consumer additional questions during oral communication (if such a request exists).

◾In accordance with the agreement signed with the United States based on the Foreign Account Tax Compliance Act (FATCA), the Bank may collect additional information to determine your US taxpayer status.

◾ATTENTION: Loan interest is calculated based on the nominal interest rate. The annual percentage rate shows how much the loan will cost you if you pay the interest and all mandatory payments for the loan and its servicing within the specified period and amount. You can find the procedure for calculating the annual percentage rate here.

◾WARNING: Your property (house, car, or other) may be seized in accordance with the law if you fail to make timely repayments of your interest and loan amounts.

◾ATTENTION: In case of failure or incomplete fulfillment of your obligation, the lender will send this data to the credit bureau after 3 business days, where your credit history is formed. You have the right to obtain your credit history from the credit bureau once a year for free. A bad credit history may hinder you from obtaining a loan in the future.

◾ATTENTION: “Your Financial Directory” www.fininfo.am is an electronic system that facilitates the search, comparison of services offered to individuals and the selection of the most effective option for you.

◾ATTENTION: When applying for a loan, the lender will provide you with an individual consumer loan essential terms sheet, which will present the individual terms of the loan to be provided to you.

◾The borrower has the right to unilaterally terminate the loan agreement without giving any reasons within 7 business days following its conclusion, unless a longer period is provided for in the loan agreement (cooling off period). In that case, the borrower is obliged to pay interest to the Bank for the use of the loan amount, which is calculated in accordance with the annual effective interest rate provided for in the loan agreement. No other compensation may be required from the consumer in connection with the termination of the loan agreement.

◾The borrower has the right to fulfill (repay) his obligations under the loan agreement ahead of schedule, regardless of whether such a right is provided for in the loan agreement or not.

◾You have the right to communicate with Ardshinbank ՕJSC in your preferred way: by mail or electronically. Receiving information electronically is the most convenient. It is available 24/7, is free from the risks of losing paper information, and ensures confidentiality.

◾ FOR LOANS WORTH AMD 5 MILLION INCLUSIVE OR A FOREIGN CURRENCY EQUIVALENT, THE BORROWER SHALL BE ENTITLED TO PERFORM (REDEEM), IN FULL OR IN PART, ALL THE LIABILITIES UNDER THE CONTRACT IN WHICH CASE THE PRINCIPAL LOAN AMOUNT SHALL BE REDUCED IN THE AMOUNT BEING PAID, AND THE TOTAL COST OF CREDITING THE BORROWER SHALL BE REDUCED PROPORTIONATELY. IN THAT CASE, THE INTEREST ACCRUED TO THE BALANCE OF THE PRINCIPAL LOAN AMOUNT AND THE MAINTENANCE FEE ACCRUED TO THE BALANCE OF THE PRINCIPAL LOAN AMOUNT SHALL BE SUBJECT TO REDUCTION FROM THE TOTAL CREDITING COST. MOREOVER, IN THE EVENT OF EXERCISING THE RIGHTS STIPULATED HEREUNDER, THE BANK MAY NOT APPLY RESPONSIBILITY MEASURES.

In the event of overdue liabilities, the redemptions shall be made in the following sequence: the Borrower’s receivables with respect to the Bank generated as part of loan contracts, penalty amount settled for (accrued to) the overdue interest, interest sum settled for (accrued to) the overdue Loan, settled (accrued) yet unpaid overdue interest sum, overdue Loan amount, loan maintenance fee, fixed-term interest settled (accrued) for the use of the Loan, Loan amount.

The evaluation of the real estate being pledged shall be made exclusively by an independent company collaborating with the Bank, the information whereon shall be published on the Bank’s website at www.ardshinbank.am

◾ATTENTION:

For loans issued in a foreign currency, any changes in the foreign currency exchange rate may impact the redemption amounts.

For loans issued in a foreign currency, the actual annual interest rate may vary depending on the changes in the exchange rate published on the official website of the Central Bank of Armenia.

For a loan issued in a foreign currency, the exchange rate approved as of the given date (as published on the CBA official website at www.cba.am) shall be taken as a basis for the settlement of the actual interest rate.

◾ ATTENTION:

The loan interest sums shall be settled based on the nominal interest rate. And the actual annual interest rate shall reveal the potential loan value for you in the event of paying the interest amounts and other fees within the specified timeframes and amounts.

The procedure for the settlement of the actual annual interest rate is available on the Bank’s official website at www.ardshinbank.am.

Tariffs and Terms for Issuing Copies of Contracts Concluded with the SME Legal Entities and Individual Entrepreneurs