OREANDA-NEWS. October 19, 2009. The crediting of small and average businesses has always been one of the first directions of the "Unibank"s development, reported the press-centre of Unibank.

The practice and knowledge of technologies give opportunity to the bank to present complete services and wide scale of products to enterprises. "Our competitive privileges are the cheap financial resources and the wide network of branches. In case of difficult economical conditions we have tried to plan the business program for our clients as profitable as possible. We don't impose penalties for premature repayment and don't have secret charges", - said the deputy of the chairman of the Executive board, the director of Corporative business Ara Avagyan.

The "Unibank" offers credits for industry developing, changing of equipment, completing of circulation means and other purposes connected with business.  The amount of credits for small and average is 1 milliard dollars. The bank grants credits up to 4.5 million dollars to prominent clients. One of the privileges of the bank is the long-term credit and the representatives of small and average businesses can get credits up to 5 years.

The annual interest rate amounts from 15% to 22%. Another credit program is functioning in the framework of "Russian credit". The conditions of this credit are the annual interest rate of 15%, the term of 5 years, the amount of the credit- 50 million dram fro small and average business and up to 500 million drams for recycling and purveying organizations.

The bank has begun granting a new service- the credit "Business-Lombard" having the aim of developing businesses. The credit granting is carried out without financial analyses by means of shop pledging. The credit is granted in dollars, the annual interest rate is 22% and the term of the credit is 24 months. The amount of the credit is 50000 dollars.

The bank offers to its responsible clients to get use of an express credit the name of which is "Fast credit". The credit is granted in 2-3 days, without additional financial analyses, in size of the 1.5 of the repaid sum but not more than 30000 dollars. The annual interest rate amounts 20% the term is 3 years.