Unibank Launches A Promo Point At M&S Furniture Store


Wednesday, August 3, 12:10

Unibank has launched a promo point at M&S furniture store at 29/1,
Isakov Str., Yerevan.

The press service of Unibank told ArmInfo that the bank provides
consumer loans to individuals for purchase of furniture on the
following terms: loan amount – up to 1.5 mln AMD, redemption period –
24 months, interest rate – 20% p.a. The opening and service of the
accounts is free of charge. Prepayment is 10%. The customers are
to submit an application, the passport, the social card and a proof
of employment.

Promo points of Unibank also operate at the computerwear shops “Fine”,
“Nix”, and “Compass”, as well as at Mobile Center and Aviatrans
agency. The employees of the promo points familiarize the customers
with the terms of Unibank’s consumer loans, explain the procedure of
lending and help them to fill in the loan applications.

“The pledge of Unibank’s successful activity in the consumer crediting
market is the customer-oriented approach to the work. The availability
of Unibank’s promo points at the points of sale allows making the loan
provision process simple and more convenient. In the near future we
will considerably increase the number of promo points and will expand
the cooperation with the points of sale. Moreover, we have essentially
accelerated the process of approving the loan applications”, said
Gourgen Ghukasyan, Head of Consumer Loans Underwriting Department
of Unibank.

Over Q1 2011 Unibank was on the list of top five leading banks of
Armenia by the volume of consumer crediting. As of 30 May 2011, the
number of consumer loans of the bank increased more than 7 times as
compared to the same period of 2010.

From: A. Papazian

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