Unibank Presents New Mortgage Program

UNIBANK PRESENTS NEW MORTGAGE PROGRAM

/PanARMENIAN.Net/
04.12.2009 16:54 GMT+04:00

/PanARMENIAN.Net/ Unibank presents a new mortgage program, providing
loans to purchase real estate in new built quarters.

Minimal prepayment is defined as 30 %, with maximal mortgage loan
amount of $200 000. Loans are provided for a 15-year term, at 14%
annual interest rate, the bank’s press service reported.

By the end of 2009 third quarter, Unibank mortgage portfolio exceeded
AMD 12.7 billion to rank second in Armenia’s banking system.

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