Byblos Bank Armenia enetered Armenian banking industry five years ago, in 2007. Mainly due to contribution to Armenian-Lebanese investments and financial collaboration Byblos Bank has positioned itself in a unique niche. Byblos Bank Armenia is guided by five main principles: integrity, customer focus, mutual respect, professionalism and teamwork.

These principles serve as a base for Byblos Bank Armenia to successively expand the services offered to individuals and legal entities.

 During five years Byblos Bank Armenia has been developing loan packages and services with convenient conditions, which support enhancement of the Bank’s portfolio. The Bank provides a range of competitive products, five of which are worth to distinguish: Easy Save account, Personal Loan, Small Business Loan, Housing Loan, as well as a unique product recently introduced to the market – Energy Efficiency Renovation loan.

Special Approach to Savings

In order to manage clients' savings efficiently, Byblos Bank Armenia offers its Easy Save account. It allows You not only to accumulate money through fast and simple transactions at any time, but also to get competitive interest rate on the positive balance of the account - 6% annually.

Your Bank For Life

Personal loan provided by Byblos Bank Armenia is aimed to cover current expenses of physical entities. Due to this type of loan, the consumer is able to purchase household appliances and high-technology equipment, as well as to realize some major plans such as payment for education, traveling or simply to finance unexpected expenses. The Personal Loan provided by Byblos Bank Armenia is unique for simplicity of application procedures, favourable conditions and competitive interest rates.

Small Business Loan - Big Opportunities

Given the fact that financing is half the battle for any business, Byblos Bank Armenia responds to the local market needs and provides unprecedented program of small business loans. This loan is provided to individual entrepreneurs, limited liability companies and other types of legal entities registered in RA, where the number of employees doesn't exceed forty-nine. This loan is provided for meeting any needs of any type of business - whether offering professional services, products or managing workshop crafted production. The loan can be used to expand the working capital as well as to obtain equipment, purchase or enlarge the office/work space.

New Year with a New Home

Due to the Housing Loan of Byblos Bank Armenia it is possible to fulfill the dream to own an apartment. The Bank may finance up-to 70% of your apartment’s value. The loan repayment is due within 2-15 years while the annual interest rate of loan is 12%-14% when provided in US Dollars and 14%-16% when provided in Armenian Drams.

Renovated Apartment and Energy Saving in One Go

The Energy Efficiency Renovation loan is a project that BBAM has recently luanched. Aim of this project is to increase welfare of RA population by reducing costs of energy consumption. This renovation loan is intended for every citizen of Armenia, who wants to renovate apartment and direct energy savings to loan repayment. The repayment of loan is due within 15 years whereas loan annual interest rate is unprecedentedly low – only 10%.