Converse Bank’s gold-secured loan portfolio grows 14% since beginning of 2017
Converse Bank’s gold-secured loan portfolio has grown by 14 percent since the beginning of the year to stand above AMD 15 bln. as of November 20.
“The growth of Converse Bank’s gold-secured loan portfolio is caused by several factors. First of all, the Bank offers lending terms for this loan type that are among the best ones offered at the market, besides, it regularly makes favorable offers to the customers,” the bank reported.
In particular, within the framework of the launched campaign, the bank offers its customers AMD loans for an amount up to 130 percent of the appraised cost of gold. The maximum loan amount is AMD 5 million, the maximum maturity is 6 months, and the annual interest rate is 13-14 percent.
“No additional monthly service fees will be charged within this campaign. The interest rate on the loan secured with pledge of gold is low, since the service fee is charged only at the lending stage,” the bank added.
Within the framework of the campaign, loans will be issued both in AMD and in foreign currency.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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