BASIC CONDITIONS
Condition	Leasing
Minimum and maximum amount/ AMD	from AMD 1,000,000 to 1,000,000,000
Segment of target companies	A private commercial organization or individual entrepreneur registered and actually carrying out activities on the territory of the Republic of Armenia (with the exception of persons carrying out licensed activities (with the exception of commercial organizations in the field of healthcare, transport and education or with state participation)
Maximum deadline/years	120 months
Grace period /month for the payment of the maximum principal amount/	In case of leasing in AMD-6 months, and in case of leasing in foreign currency-3 months
The subsidy period	In case of an amount equivalent to 200 million AMD-up to 42 months, and in case of an amount equivalent to more than 200 million AMD-up to 36 months
Nominal interest rate
Fixed interest rate in AMD Variable interest rate	14.50-15.50% 13.50- 14.50%
Fixed interest rate in US dollars Variable interest rate	10.00- 11.00% 9.50- 10.50%
Fixed interest rate in euros Variable interest rate	8.00- 9.50% 7.50- 8.50%
The procedure for setting a variable interest rate	In case of loans in AMD-13.50-14.50% for the first 24 months, for 25-120 months 1BI* (Basic indicator),+(5.0-6.0)%, in case of unavailability of basic indicator- BI11 (secondary indicator)(5,0-6,0%) For loans in US dollars - 9.50-10.50% for the first 24 months, BI2* (Basic indicator) + (8.0-10.0%) for 25-120 months, in case of unavailability of the main indicator BI21 (secondary indicator) + (6.5-8.0%) In case of loans in euros - 7.50 - 8.50% for the first 24 months, BI31 (basic indicator) + (8.5-10.0%) for 25-120 months, in case of unavailability of the basic indicator BI31(secondary indicator) +(8.5-10.0%)
Interest rates, subsidy amount on loans/leases provided in AMD	10.0%
Interest rates, subsidy amount on loans/leases provided in foreign currency	8.0%
Penalties from the amount to be paid in case of early payment	0%

LIST OF SPECIALIZED ASSESSMENT ORGANIZATIONS COOPERATING WITH "ARMSWISSBANK" CJSC
Organization	Phone	Address	Email address
AKCERN-ELITA LLC	+ (374 10) 27 76 62 + (374 91) 27 76 62	Yerevan, 12 Vagharsh Vagharshyan str.	[email protected]
AMINTAS GROUP LLC	+ (374 10) 43 22 76 + (374 96) 43 22 76	Yerevan, 23/6 Artsakh str.	[email protected]
ARVM CONSULT LLC	+ (374 10) 54 64 90 + (374 98) 94 44 49	Yerevan, Tpagrichneri str., 114 Building	[email protected]
UPTIME LLC	+ (374 60) 53 53 71 + (374 98) 53 53 14	Yerevan, Yekmalyan str., 6 Building, 5th Floor (in "Business Pale" building)	[email protected]
A.G. BORSA LLC	+ (374 10) 25 18 18	Yerevan, Nairi Zaryan str., 22 Building, 3rd Floor	[email protected]
BILDAP LLC	+ (374 55) 54 71 60	Yerevan, Zaqyan str., 1 Office	[email protected]
BELIEVE LLC	+ (374 94) 22 11 11	Yerevan, Mashtots Ave., 9-14 Building	[email protected]
GARDI LLC	+ (374 95) 52 05 90	Yerevan, Tumanyan str., 8 building, 317 room	[email protected]
COST CONSULT LLC	+ (374 10) 54 48 82	Yerevan, Pavstos Buzand str., 1 Building, Area 51	[email protected]
VMRP LLC	+ (374 10) 58 87 97	Yerevan, Vardanants str. Blind Alley, 8 Building	[email protected]
OLIVER GROUP LLC	+(374 10) 54 27 40	Yerevan, 8 Tumanyan str.	[email protected]
INEX LLC	+ (374 77) 51 81 16 + (374 55) 51 81 15	Yerevan, Orbeli Yeghbayneri str., 45 bld, office 403	[email protected]
FINLAW LLC	+ (374 10) 50 60 00 + (374 91) 91 91 55	Yerevan, Nalbandyan str., 50 bld, apt. 3	[email protected]

Download

COMMISSIONS AND FINES
Penalties from the amount to be paid in case of early payment	0%
Loan fee: the minimum payment is paid at the time of submitting the loan application. if the loan is approved, the amount paid less is filled in, and in case of refusal, it is refunded without any deductions.	0.5%, minimum 50,000 AMD

N	1.General documents	Notes	✔
1.	Application	In the form established by the bank	R
2.	Regulation	Copy	R
3.	The identity document of the director and the founders (participants) (passport/ID card, etc.), social card or license plate of public services (if available and in case of absence a corresponding certificate), as well as a statement for the actual place of residence** (a standard copy is provided at the bank).	Copies / in case of founders (participants) on request/	R
4.	Financial information in the format required by the credit analyst (for example, about financial position, financial results, cash flow) for the last 2 reporting periods.	Copy	R
5.	Movement of accounts with other banks (in the last 12 months)	The original	AR
6.	Valid credit, collateral and other agreements	Copy	AR
7.	Certificate of ownership or lease agreement for the place of business	Copy	AR
8.	Business plan or technical-economic justification	The original	AR
9.	License (in case of licensed activity)	Copy	R
10.	Calculations and reports submitted to the SRC: calculation of income tax, calculation of VAT, calculation of turnover tax, income tax, official audit report, etc. (In accordance with the nature of the client's activity)	A copy / organizations subject to mandatory audit in accordance with the procedure established by law, submit a package of financial statements and an audit conclusion/	AR
11.	Certificate of obligations to the state budget	The original	AR
12.	Other documents (construction, contract agreements, contracts for the sale of goods, services, Invoices, contracts for the purchase of fixed assets, raw materials, invoices)		AR
13.	The decision (extract from the decision) of a higher or competent authority (Council or general meeting, sole participant) on obtaining a loan and/or pledge of the collateral offered as collateral.	The original	R
14.	A certificate from the Agency of the State Register of Legal Entities on the composition of the company's participants, the director, as well as on changes made to the regulation.	the original / is requested by the bank in case it is impossible to obtain information about the company from the agency using an online request/	AR
15.	In case of joint-stock companies - statement from the account operator on the composition of the company's shareholders	The original	AR
N	2. DOCUMENTS REQUIRED FOR COLLATERAL	NOTES	✔
1.	Certificate of ownership of the pledged property	Copy	R
2.	A document certifying the identity of the owner and/or guarantor(s) of the pledged property (passport/identity card, etc.), as well as a license plate for public services (if present, and in case of absence-an appropriate certificate), as well as an statement on the actual place of residence** (a standard copy is provided at the bank)	Copy	R
3.	A document certifying the identity of the spouse of the owner(s) of the pledged property (passport/identity card, etc.), as well as a license plate for public services (if available, and in case of absence - a corresponding certificate), as well as a statement on the actual place of residence** (astandard copy is provided at the bank)	Copy	R
4.	Marriage certificate of the owner(s) of the pledged property	Copy	R
5.	A legal package for the organization owning the pledged property and a document certifying the identity of the director	Copy	R
6.	Information from the Agency of the State Register of Legal Entities / account operator on changes in the charter, the composition of participants and the director of the organization that is the owner of the pledged property	original /if the certificate from the state register is received by the bank through an online request, it is not requested from the client	AR
7.	The decision on the pledge of the higher authority of the organization owning the pledged property on the pledge	The original	R
8.	Report on the assessment of the pledged property	At the initial stage, you can submit an application in the reference form	R
9.	Property Mapping Report	in case of pledge of land plots	R
10.	Vehicle registration certificate/ technical passport	Copy	R
11.	Certificate of state registration of ownership of the vehicle	a copy/is submitted by the Credit committee after the loan is approved/	R
12.	Certificate of restrictions on the alienation of a vehicle	original /submitted by the Credit committee after loan approval/	R
13.	List of fixed assets to be pledged	Indicating the name, quantity, brand, year of manufacture, country of manufacture, serial number	R
14.	Technical passport (s) of the main means	Copy	R
15.	List of Circular Resources which are to be pledged	Specifying the name, unit of measurement, quantity, price, amount	R
16.	Consent of the tenants of the collateral	original /submitted by the Credit committee after loan approval/	AR
17.	Certificate/certificates of pledged property insurance	original /submitted by the Credit committee after loan approval/	AR
18.	Other documents (grounds for the acquisition of pledged property, power of attorney issued by the pledgors, notarized consents of the spouse)	The original/copy	AR

^* In case of first-class collateral, the bank may not request a number of documents

- The Bank may require the client to insure the pledged property.

- The documents requested by the bank are mandatory /R/ and upon request /AR/.

- - The documents provided in the paragraphs 10-15 for in are required in case of pledge of transport or other fixed/circular capital.

^** If necessary, at the request of the head of the LD/CSD, the client provides a certificate from the Passport and visa Department of the RA Police or a condominium at the place of residence.

- IF YOU FAIL TO FULFILL YOUR OBLIGATIONS ON TIME, FINES ACCUMULATE.

- IN CASE OF REPAYMENT OF OVERDUE LOAN OBLIGATIONS, ACCRUED PENALTIES ARE REPAID FIRST, THEN THE ESTIMATED RATE OF ACCUMULATED BANK INTEREST, THEN CONTRACTUAL INTEREST, AFTER WHICH THE PRINCIPAL AMOUNT IS REPAID.

- ATTENTION: IN CASE OF NON-FULFILLMENT OR IMPROPER FULFILLMENT OF YOUR OBLIGATION, THE LENDER SENDS THIS DATA TO THE CREDIT BUREAU NO LATER THAN 2 (TWO) BUSINESS DAYS LATER, WHERE YOUR CREDIT HISTORY IS FORMED.

- YOU HAVE THE RIGHT TO RECEIVE FREE INFORMATION ABOUT YOUR CREDIT HISTORY FROM THE CREDIT BUREAU ONCE A YEAR.

- ATTENTION: A BAD CREDIT HISTORY MAY PREVENT YOU FROM GETTING A LOAN IN THE FUTURE.

- Warning: your property (house, car or other) may be confiscated in accordance with the law if you do not pay your interest and loan amount on time.

- CHANGES IN THE EXCHANGE RATE OF FOREIGN CURRENCY MAY AFFECT THE REPAYMENT OF THE LOAN.

- In case of default by you, in case of repayment of obligations at the expense of collateral, if the collateral is not enough to cover your credit obligations, it is possible to repay obligations at the expense of your other property (if any).

Confiscation of collateral

- The pledged property may be confiscated if the borrower fails to pay the interest and loan amount on time. In case of insufficient collateral value, the borrower's obligations will be repaid at the expense of other property of the borrower.

Information provided to the Credit Register

- In case of non-payment of interest by the borrower and repayment of the loan amount on time, information about the borrower will be entered into the credit register:
- A BAD CREDIT HISTORY MAY BECOME AN OBSTACLE FOR YOU WHEN OBTAINING OTHER LOANS IN THE FUTURE.

CREDITWORTHINESS ASSESSMENT METHODS USED TO MAKE LOAN DECISIONS ARE.

*Credit history

The sources of credit history formation are ACRA member organizations (banks, credit organizations, insurance companies, organizations that carry out deferred payment transactions, as well as government agencies that provide information about individuals to the credit bureau in accordance with the procedure established by the Government of the Republic of Armenia from publicly available databases) that provide information (data) about the credit subject. In accordance with the Law of the Republic of Armenia "on the Circulation of Credit Information and the Activities of Credit Bureaus", credit information is information about obligations assumed by a credit information subject, which shows debts, payments, payment habits of a credit information subject or information about obligations or their fulfillment.:
A credit report contains information about a person's financial obligations and their fulfillment.

The credit report contains the following information:
• personal identification data,
• credit history,
• information from publicly available databases,
• information about requests.

According to the provisions of Article 11 of the RA Law "On the Circulation of Credit Information and the Activities of Credit Bureaus" " credit reports provided by a credit bureau should not include credit information for more than five years prior to the provision of a credit report":

How can you improve your credit history?
• First, it is necessary to fully repay payments on previously overdue obligations.
• In terms of loans currently in force, it is necessary to exclude the formation of overdue obligations even for one day.

*Credit rating

Score is a scoring system that, through statistical study and analysis of a client's credit history, provides a numerical assessment of the borrower's credit risk (creditworthiness) as a key tool for determining the level of risk of consumer lending.

FOR GUARANTORS

We inform you that
• if the borrower does not fulfill his obligations, you will pay for it, your credit history will deteriorate, and you will lose your property,
• You will be provided with a copy of loan, guarantee agreements and repayment schedule.
• Communication will be carried out in the way you choose,
• You will be notified of a change in the terms of the contract,
• A reminder of the existing obligation will be sent,
• In case of a delay in repayment of the loan no later than one day later, you will be informed about it.

THE GUARANTOR HAS THE RIGHT TO
• Request information from the lender about the amount of the loan balance at any time,
• Receive back from the borrower the amounts that you paid for the loan, as well as other losses incurred in place of the borrower,

- To get acquainted with conditions, terms and tariffs for the provision of statements, their copies, certificates and other information during the term of the agreement, see the page "servicing accounts of legal entities and individual entrepreneurs".