Ameriabank to grant rural credits

May 11, 2009 - 22:04 AMT
PanARMENIAN.Net - The Millennium Challenge Account has provided Ameriabank with credits to finance rural areas development. Loans can be granted to Armenian regions with the exception of Gegharkunik and Tavush which were included in rural roads repair program launched by the Millennium Challenge Account.



The loans will amount from AMD300 000 to AMD10.5million with 2-7 years maturity period and up to 12% annual percentage rate.
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