From the moment we meet, we will help you make the right financial decisions and save money.
Saving your time
All financial offers are gathered in one place, with a simple and user-friendly interface. Finding the best option takes just a few minutes — no need to browse multiple bank and credit organizations websites anymore.
It's all written in plain and simple language
Everything is explained in clear and simple language — even complicated banking terms. Whether you’re choosing insurance, a loan, or a mortgage through a government program, you can do it easily, even if it’s your first time.
We always show the full cost
Our top priority is to be genuinely helpful to our users. That’s why we clearly show any hidden terms in loans, deposits, and insurance offers — and always display the full cost. We also warn you in advance about any potential extra charges.
Which investment opportunities are the best in Armenia?
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Which Banks Offer the Highest Cashback on Cards in Armenia?
Prepared in partnership with Earlyone (Google Play, iOS).
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How to Check Your Credit History in Armenia?
Your credit history is your “financial profile.” It shows all your loans, credit cards, repayment discipline, and even applications for new credit. In Armenia, credit histories are collected and stored by the...
AFM is an independent financial marketplace that helps you choose the best
banking products in Armenia. We analyze all bank offers, compare credit
cards, deposits, mortgages, student loans, and premium banking services so
you can find the most favorable terms.
Why Choose AFM?
Transparency – No hidden fees, only current rates and
conditions.
Time-Saving – No need to browse multiple bank websites;
everything is gathered in one place.
Online Applications – Apply for a loan, card, or deposit
without visiting a bank.
Premium Banking Services – Exclusive privileges for
high-net-worth clients.
Credit Cards – Up to 5% cashback, bonus programs,
premium benefits, airport lounge access, free travel insurance,
24/7 concierge service , discounts at hotels and restaurants.
Popular cards: Visa Infinite, Mastercard World Elite, ArCa Platinum.
Debit Cards –
Free maintenance, high cash withdrawal limits , loyalty programs,
convenient multi-currency accounts, favorable currency conversion rates,
purchase protection. Popular cards:
Visa Gold, Mastercard Standard, ArCa.
Loans Secured by Gold – Quick approval, low interest
rates, flexible repayment terms, access to loans
without income verification . A great option for those needing fast
cash without bureaucracy.
Student Loans – Special terms for students at Armenian and
international universities, deferred payments until graduation, low
interest rates, full tuition financing.
Deposits – Best interest rates among Armenian banks,
term and savings accounts, the ability to
top up or withdraw funds without losing interest , multi-currency
deposits, deposit insurance protection.
Mortgages – Government-supported programs, lower interest
rates for young families and IT professionals,
mortgages with no down payment , special deals for purchasing real
estate from developers.
Investment Products – High-yield
bonds, international deposits, real estate investments, and
personalized capital investment strategies.
Loans, Credit Cards, Mortgages, and Deposits
Which bank offers the lowest interest rates on loans in Armenia?
Interest rates depend on the loan type and bank terms. On AFM, you can
compare offers and choose the most favorable option.
What documents are required to apply for a loan?
A standard package includes a passport, proof of income, and in some
cases, a credit history report and a guarantor.
Can I get a loan without proof of income?
Yes, some banks offer loans without income verification, but they often
have higher interest rates or require collateral.
How do loans secured by gold work?
These loans don’t require income verification. You deposit gold jewelry,
the bank evaluates its value, and you receive a loan based on the
appraisal.
What types of credit cards are available in Armenia?
AFM allows you to compare standard credit cards (Visa Classic,
Mastercard Standard), premium cards (Visa Infinite, Mastercard World
Elite, ArCa Platinum), and cashback credit cards.
What is the difference between a debit card and a credit card?
A debit card allows you to spend your own money, while a credit card
provides access to bank funds with an interest-free grace period.
Which bank offers the best cashback and bonus programs for credit cards?
Premium cards typically offer the best cashback deals. On AFM, you can
compare cashback rates, bonus programs, and partner discounts.
Can I get a mortgage without a down payment?
Yes, some banks offer government-supported mortgage programs, where part
of the down payment is subsidized.
What are the mortgage terms for young families in Armenia?
Mortgage programs for young families offer interest rates starting from
5%, subsidies, and extended repayment terms.
How can I get a mortgage for a newly built home?
When buying property from approved developers, banks often provide lower
interest rates and simplified application processes.
Which deposits offer the best interest rates in Armenia?
On AFM, you can compare term, savings, and multi-currency deposits to
find the most profitable options.
How does interest capitalization on deposits work?
Interest is added to the principal deposit amount, increasing earnings
over time. This provides higher returns on long-term deposits.
Are bank deposits insured in Armenia?
Yes, Armenia has a deposit insurance system that guarantees the return
of funds in case a bank fails.
What is the minimum deposit term in Armenian banks?
The minimum term is usually 1 to 3 months, but higher interest rates are
available for longer deposits.
Can I open a deposit in US dollars or euros?
Yes, most banks offer multi-currency deposit options. Terms vary
depending on the currency and deposit period.
What is AFM, and how is it different from banks?
AFM is not a bank but a financial marketplace that collects and compares
all banking offers in Armenia to help customers find the best options.
How do I use AFM?
Simply choose a financial product (loan, deposit, mortgage, or card),
compare bank offers, and apply online.
Why is AFM more convenient than going directly to a bank?
AFM provides all the real conditions upfront, including hidden fees,
helping you select the most favorable offer without overpaying.
Can I apply for a financial product directly through AFM?
Yes, you can submit an online application for a loan, credit card, or
deposit and receive approval from the bank.
Does AFM charge a fee for its services?
No, AFM is completely free for users. We operate as an independent
financial aggregator, helping people compare and select banking
products.
AFM is not a bank but
your personal guide in the financial world. We analyze
all banking offers so you can select the most profitable option.
Save time and money – no need to browse complex bank terms,
we’ve already done the research for you.
Compare credit cards, loans, mortgages, and deposits today and make
an informed financial decision.
