Those who wish to apply for a loan secured by gold in the period from June 12 to July 12 inclusive can participate in the lottery and win one of more than 2 000 prizes from Ardshinbank.
Recall that Ardshinbank offers customers two types of loans secured by gold products: consumer and agricultural.
Loans are provided on the following terms:
• nominal interest rate - from 3.5% to 23.5%.
• loan/collateral ratio - up to 600%,
• maturity - from 3 to 60 months.
• The loan is issued in Armenian drams and US dollars.
• maximum loan amount – AMD 2,600,000 (or equivalent in USD)
More information about the terms of credit can be found here.