FAAE: ARMENIAN BUSINESSMEN MAY GET LOANS IN EUROPEAN BANKS

PanARMENIAN.Net
September 18, 2012 – 14:37 AMT

PanARMENIAN.Net – The Forum of Armenian Associations of Europe (FAAE)
has come up with a new initiative to provide low-interest loans to
Armenian businessmen through support of European financial companies.

The program will enable Armenian entrepreneurs to receive loans with
the minimum interest rate – 5-6%, depending on the euro exchange rate,
with over 5-8 years of maturity.

Those interested may familiarize themselves with the terms in FAAE
head offices in Yerevan and Bratislava, FAAE press service reported.