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Society

AraratBank unveils a special offer and competitive terms at Leasing Expo 2023

At Leasing Expo 2023 exhibition, AraratBank has come forward with a new initiative, offering
competitive terms to individual entrepreneurs and legal entities.


Leasing Expo 2023 was launched today at 12:00 in the Karen Demirchyan Sports and Concerts
Complex. During the three days of the Expo, our leasing experts will welcome visitors at the
bright yellow booth of AraratBank, ready to offer advice and respond to inquiries on financial
lease.


“Leasing as a financial instrument is a flexible and affordable option for the acquisition of fixed
assets, which allows the lessee to spare a huge amount of its own funds. Today, the instrument
has become more attractive as lessees can take advantage of up to 10% state subsidy under the
Production Capacity Modernization Measure adopted by the RA Government,” the bank said in a
news release.


"AraratBank's participation in the event provides a good opportunity for networking with the
business community, highlighting the importance of leasing and sparking new partnerships for
mutual benefit. With AraratLeasing financing, you will be able to purchase equipment including
but not limited to vehicles, construction and agricultural machinery" said Vahan Gharibyan,
Deputy Head of Corporate Business Lending Department of AraratBank.