"Expressbank, a reliable financial partner for entrepreneurs, offers a microcredit product secured by gold to customers wishing to develop their business."
The new product creates additional financial opportunities for entrepreneurs to expand their operations, increase working capital, renew inventory, and meet other business needs. The gold-backed microcredit product enables entrepreneurs to obtain funds up to 50,000 AZN.
The loan is offered for a term of up to 36 months, with a grace period of up to 3 months provided for customers. Thanks to a simple approval process and flexible terms, entrepreneurs can gain quicker access to the financial resources they need.
Bu maliyyə göstəricilərinin ingilis dilinə və beynəlxalq bank standartlarına tam uyğun peşəkar tərcüməsi aşağıdakı kimidir:
- APR (Annual Percentage Rate): min. 24.07% - max. 41.60%
- Commission fee: 1.5% - 2%
- Amount: 500 – 50,000 AZN
- Grace period: up to 3 months
- Annual interest rate: min. 23% - max. 29%
"Expressbank" OJSC operates on the basis of license No. 119 issued by the Central Bank of the Republic of Azerbaijan on December 30, 1992. Address: 134C Y.V. Chemenzeminli Str., Baku.
