Project Financing

If you aim to expand your existing business or have new business ideas, we offer project financing tool for your long-term project financing with up to 12 years time.

The main feature of this loan is that it is designed for a new business plan / project financing, while for providing ordinary business loans banks require minimum 6 months experience. The above mentioned does not mean that any business idea will be financed. For providing this loan the beneficiary should correspond to mentioned conditions:

The potential clients must be trustable and acceptable for the Bank and should match following requirements:

  • have sufficient experience and knowledge in business,
  • have positive credit history,
  • introduce reasonable and prudent business plan,
  • be ready to invest their own funds,
  • offer sufficient guarantees or other safety measures, etc.

It is also important that the project complies with

  • the principles and compliance policies of the Bank (including environmental),
  • all legislative requirements.

Project finance loans are provided by tranches according to business development stages. Before providing each tranche the Bank's staff checks the complies of

  • previously spent / intended share’s use with the project objectives,
  • the effectiveness of expenditures,
  • the investments of founders / initiators,
  • complies with legal requirements and so on.

Loans are provided not only in AMD, but also in other currencies. Bank may also provide a grace period for repayment of the loan, which allows you to invest less resources in Bank before launching a new business and receiving income from it.

During project financing you may also be proposed complex financial instruments, which will reduce your business foundation risk as well as upcoming financial expenses.

ARMSWISSBANK pays special attention on development of renewable energy and energy efficient technologies. Within the financing of small hydropower plants and wind power renewable energy project loan funds are provided by the GAF (AMD) and EBRD's Sustainable Energy Financing Fund of the Caucasus (USD).

Currency AMD, USA dollar 
Maximum tenor Up to 10-12 years 
Rate
With own resources - USA dollar 9-10%
Within the scope of GAF RE program - AMD8.5%-9.5%
Objective Loans for project financing 

Benchmark criteria

* In case of discrepancies between the published Armenian and English language information, the Armenian information prevails.