Norman Credit

When mutual trust is the basis.

A clear, accessible credit partner in Armenia built for everyday borrowers and growing businesses, with transparent terms and a straightforward application journey.

Norman Credit

When mutual trust is the basis.

Story & Overview

Founded

1 June, 2018

Location

12 Sayat-Nova Ave., Yerevan

Category

Closed joint-stock credit organization (UCO CJSC)

Network

Yerevan (multiple districts) plus regional offices including Vanadzor and Gyumri

Licence

No. 45, issued by the Central Bank of Armenia (licensed 27 April 2018)

Norman Credit began operations in 2018 to make borrowing clearer and more affordable for adults in Armenia, both individuals and small-to-medium enterprises. With its head office in Yerevan, the company focuses on transparency, accessibility, and client support, with applications available online, by phone, or in-branch.

Its approach is built around straightforward pricing and communication: no monthly service fee, clear cost calculation, and responsible lending practices, including identity documentation, assessment of overdue obligations, and eligibility criteria.

Norman Credit also expands business lending capacity through international financing programs, including MSME loans financed by KfW Bank Group.

Our Services

Norman Credit’s offering is a focused suite of lending products designed for different needs: personal, household, and business. The portfolio includes:

Mortgage Loans through own resources and national mortgage programs

Business Loand for MSMEs including equipment and vehicle leasing.

Consumer loans including salary-secured

Vehicle-Secured Loans

Gold-Pledge Loans

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