ARMSWISSBANK CJSC within the framework of cooperation with the Ministry of Agriculture of the Republic of Armenia, provides loans to economists with partially subsidized credit interest for the purpose of agricultural development.
Loans are provided with modern technologies establishing cultivated intensive orchards, implementation of hail protection networks and drip irrigation systems.
i Leasing is provided for the purchase of agro-food equipment used in the following areas cattle breeding, including nowt breeding, sheep breeding, pig breeding, poultry breeding, fish farming, beekeeping and industrial animal husbandry, plant growing, including greenhouse farming, refrigeration economy, including milk harvesting stations, packaging and sorting of fresh fruit and vegetables, grain purification activities , slaughter-house economy, agro-processing industry, other activities in the agro-food sector.
iiIf the works are carried out without a contractor, the maximum loan amount is AMD 110,000,000.
iiiLoans are provided by the Bank up to 12% / in case of leasing program at 11% / annual rate, the amount of which is subsidized up to 12% annual interest rate and the actual interest rate payable by the borrower. Within the framework of the State Assistance Leasing Program for Agro-food Equipment Leasing in the Republic of Armenia, the leasing interest rate subsidies will be subsidized by 11 percentage points to make the leaseholder's annual interest rate 0%.
ivIn the case of investments in border communities or in areas with high normative water demand, or loans to agricultural cooperatives investing in at least 3 hectares of land, the loans will be subsidized to the extent that the borrower's actual annual interest rate is 0%.
vSubsidies will be provided in such a way that loans are granted to beneficiaries at 2% interest, and to cooperatives investing in at least 3 hectares of hailstorms and in the list approved by the RA Government Decision N 1444-N dated December 18, 2014, if the beneficiary is engaged in border communities. The annual interest rate actually paid by the borrower is 0%.
viSubsidies will be provided in such a way that loans are given to the Beneficiaries at a 2% interest rate and to the Entrepreneurs and Cooperatives of the border communities communities at 0%.Border Communities's Entities are considered to be included in the list approved by the Government of the Republic of Armenia Decision N 1444-N of December 18, 2014, and Cooperatives are cooperatives operating in the field of agriculture establishing at least 3 ha of orchards.
viiSubsidies will be provided in such a way that loans are given to the beneficiaries at 3% interest rate, and the subsidy rate of up to 12 percentage points will be applied to the entities operating in the bordering areas receiving social assistance approved by the Government Decision N 1444-N of December 18, 2014. (amount) to make the annual interest rate on the loan payable by the borrower 0%
viiiSubsidizing leasing interest rate for businesses operating in the border communities of the Republic of Armenia will be subject to 11% to make the annual leasehold interest rate of 0%.
viii It may be set for a maximum period of 3 months from the date of granting the lease for the principal amount of the lease. In addition, break-even periods for up to 6 months per year may be set for the payment of the principal amount of the Lease.
Download
* In case of prime security the of the documents might not be required by the Bank. The Bank might require the client to insure the collateral.
- The documents requested by the Bank can be required (R) or at request (AR)
- Documents listed in point 10 through 15 are required if the collateral is a vehicle or other fixed/working asset.
**** If necessary, at the request of the Head of Lending Department or Customer Service Department, the client shall provide a statement from the Passport and Visa Department of the RA Police or the condominium of residence.
- Penalties will accrue if you do not fulfill your obligations on time.
- In case of overdue loan liabilities, the accumulated penalties will be paid at first, then the accumulated bank interest rate, then the contractual interest, then principal amount.
- Attention: in case of default or failure to fulfill your obligation, the creditor sends this information to the credit bureau within 2 (two) business days where your credit history is recorded.
- You have the right to get your credit history information free of charge once a year from the credit bureau.
- Attention: bad credit history can prevent you from getting a loan in the future.
- Warning: Your property (home, car or other) may be confiscated by law if you fail to make your interest and loan repayments on time.
- Changes in foreign exchange rates may affect loan repayments.
- In case of default on your pledge account, if the pledge is not sufficient to cover your credit liabilities, repayment of liabilities on your other property (if any are) is possible.
- To find out the terms, conditions and tariffs for providing statements, their copies, references and other information during the term of the contract, please consult the page "Accounting for Legal Entities and Individual Entrepreneurs"
 
Benchmark criteria (in Armenian)