Araratbank, Izmirlian Foundation sign $3mln loan agreement

Araratbank, Izmirlian Foundation sign $3mln loan agreement

PanARMENIAN.Net - Araratbank OJSC and Swiss Izmirlian Foundation singed a $3mln loan agreement.

The funds will be allocated to representatives of small and medium business as business loans, the bank press service reported.

The minimum amount of a loan makes $300,000, while maximum - $600,000. Loans will be provided in USD, with 5-year maximum term of loan repayment.

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