• Identification document of founders, director and chief accountant
• Ownership certificate or lease agreement for the business area/s
• License (in case of licensed activity)
• Information on obligations from the tax inspectorate
• Reports submitted electronically to the tax inspectorate for the last 1 year and notice on the acceptance of the reports¹
• A copy of the certificate of the State Register of Legal Entities (with inserts) and a copy of the State Register of Legal Entities (if necessary)²
• Information from the state register of registration of legal entities^1,2,3
• Copy of the Charter of Legal Entities¹
• The decision of the competent authority (general meeting) on taking a loan
• Copy (copies) of passport(s) of guarantor(s)
• Estimate and service provision or bond agreement provided by the contractor organization participating in the project (if the contractor is available)
• Estimate and agreement on service provision or contractor agreement provided by the contractor organization participating in the project (if the contractor is available)
• The Bank may request additional documents or other information, as well as ask additional questions during verbal communication, based on the principle of "Know Your Customer" for the purpose of due diligence of the customer defined by the RA Law "On Combating Money Laundering and Terrorist Financing"
• Other documents may be required, if necessary

and non-subsidized loan interest rates are calculated based on the loan balance. The unsubsidized interest rate is payable by the customer.

ATTENTION: LOAN INTEREST RATES ARE CALCULATED BASED ON THE NOMINAL INTEREST RATE. THE ACTUAL ANNUAL INTEREST RATE SHOWS HOW MUCH THE LOAN WILL COST YOU IN CASE OF DUE REPAYMENT OF THE INTEREST AND ALL MANDATORY PAYMENTS FOR THE LOAN PROVISION AND SERVICING. YOU CAN FIND THE CALCULATION PROCEDURE OF THE ANNUAL ACTUAL INTEREST RATE HERE.

If the borrower does not fulfil the obligations on time, a penalty of 0.13% is calculated for each overdue day.

In case of foreign currency loans, the basis for calculating the actual annual interest rate is the exchange rate published on the official website of the Central Bank of the Republic of Armenia as of the date of the loan, and the actual annual interest rate may change depending on the change in the exchange rate published on the official website of the Central Bank of the Republic of Armenia.

In case of loans of up to 5 million AMD or equivalent in foreign currency, the Borrower has the right to unilaterally terminate the credit agreement without any reason within 7 working days following its conclusion. In that case, the borrower is obliged to pay interest to the creditor for using the loan amount, which is calculated in accordance with the actual annual interest rate stipulated in the credit agreement. No other compensation may be requested from the borrower in connection with the resolution of the credit agreement.

In case of loans of up to 5 million AMD or equivalent in foreign currency, the borrower has the right to fulfil (repay) the obligations under the credit agreement before the due date, regardless of whether such a right is stipulated in the credit agreement or not.

ATTENTION: WHEN YOU APPLY FOR A LOAN, THE CREDITOR WILL PROVIDE YOU WITH AN INDIVIDUAL SHEET OF ESSENTIAL TERMS OF THE CONSUMER LOAN, WHICH WILL PRESENT THE INDIVIDUAL TERMS OF THE LOAN TO BE PROVIDED TO YOU.

Confiscation of collateral

THE PLEDGED PROPERTY MAY BE SEIZED IF THE BORROWER FAILS TO PAY THE INTEREST AND LOAN AMOUNT ON TIME. IF THE VALUE OF THE COLLATERAL IS INSUFFICIENT, THE BORROWER'S OBLIGATIONS WILL BE PAID OFF WITH THE BORROWER'S OTHER PROPERTY.

Information provided to the credit registry

ATTENTION: IN CASE OF NON-FULFILLMENT OR INCOMPLETE FULFILLMENT OF YOUR OBLIGATION, AFTER 3 WORKING DAYS, THE CREDITOR SENDS THAT DATA TO THE CREDIT BUREAU, WHERE YOUR CREDIT HISTORY IS FORMED. YOU HAVE THE RIGHT TO GET YOUR CREDIT HISTORY FROM THE CREDIT BUREAU ONCE A YEAR FOR FREE. ATTENTION: A BAD CREDIT HISTORY MAY CREATE AN OBSTACLE FOR YOU RECEIVING A LOAN IN THE FUTURE.

YOU HAVE THE RIGHT TO COMMUNICATE WITH THE FINANCIAL ORGANIZATION IN A FORM OF YOUR PREFERENCE, VIA MAIL OR ELECTRONICALLY. RECEIVING INFORMATION ELECTRONICALLY IS THE MOST CONVENIENT. IT IS AVAILABLE 24/7, IS FREE OF THE RISK OF LOSS OF PAPER DATA AND ENSURES PRIVACY.

www.fininfo.am

"ATTENTION: "YOUR FINANCIAL DIRECTORY" IS AN ELECTRONIC SYSTEM THAT FACILITATES THE SEARCH, COMPARISON OF SERVICES OFFERED TO INDIVIDUALS AND THE SELECTION OF THE MOST EFFECTIVE OPTION FOR YOU."