Fast Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Fast Bank lends directly in Armenia at fixed rates of 13.81% to 23.1% on unsecured loans of AMD 100,000 to AMD 20,000,000 and mortgages for purchase and remortgage. It suits borrowers registered in the Republic of Armenia with documented income, though the rate ceiling sits above Monzo Flex at 10% to 23%.

Key facts

Best for
Fixed-rate Armenian borrowing with an origination fee of 0 AMD.
APR
13.81% to 23.1% (Source, checked September 26, 2026)
Loan amount
AMD 100,000 to AMD 20,000,000 (Source, checked September 26, 2026)
Term
1 to 60 months (Source, checked September 26, 2026)
Arrangement fee
0 AMD (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Individuals aged 18-63*, who are registered in the Republic of Armenia; documented income and 3-6 months of work experience (Source, checked September 26, 2026)
Origination fee (%)
0% (Source, checked September 26, 2026)
Loan types
Personal, Credit-line, Secured, Student (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
Fast Bank CJSC (Source, checked September 26, 2026)
Headquarters
Armenia (Source, checked September 26, 2026)
Founded
1994 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Credit line
Official website
fastbank.am

Mortgages

Initial rate
13.5% (Source, checked September 26, 2026)
APRC
14.47% (Source, checked September 26, 2026)
Fixed period
3 years (Source, checked September 26, 2026)
Maximum loan to value
90% (Source, checked September 26, 2026)
Product fee
AMD 0 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Fast Bank CJSC (Source, checked September 26, 2026)
Headquarters
Armenia (Source, checked September 26, 2026)
Founded
1994 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataLinkedIn

Pros and cons

Pros

  • Origination fee of 0 AMD on the unsecured personal loan and a mortgage product fee of AMD 0.
  • Fixed rate of 13.81% to 23.1% on loans of AMD 100,000 to AMD 20,000,000 over terms of 1 to 60, with free early repayment.
  • Support runs on email, chat and phone: phone, email, chat and a help centre.

Cons

  • The upper end of 13.81% to 23.1% sits above Monzo Flex at 10% to 23%.
  • A hard credit check against good credit rules out thin files.
  • The mortgage rate of 14.47% is above the site median of 4.9%, and the fixed period lasts 3.
Fast Bank

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Scored 9.2 / 10 by BorrowCue.

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Who it suits

  • Armenian residents with documented income and good credit who want a fixed rate.
  • Homebuyers and remortgagors within 90% loan to value who see the mortgage product fee as AMD 0.
  • Anyone who wants personal, credit line, secured and student loans from the same direct lender rather than a broker.

Who should look elsewhere

  • Borrowers chasing the lowest headline rate, since Cashspace quotes PHP 12 to PHP 36.
  • Applicants without a credit history built up, given the hard check against good credit.
  • Borrowers drawn to a cost-free headline rate elsewhere, since Cashspace ES lists 0%.

The company behind it

Fast Bank is Fast Bank CJSC, headquartered in Armenia and trading since 1994. Everything sits under the same legal entity, so borrowers deal with a named bank rather than an intermediary. Questions are handled through email, chat and phone, which covers phone, email, chat and a help centre, and the same team handles personal and mortgage customers.

How Fast Bank compares

Where Fast Bank is available

Available
Armenia
Licence in Armenia
Central Bank of Armenia (CBA), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate will I pay on a Fast Bank personal loan?+

Fast Bank quotes a fixed rate of 13.81% to 23.1% on its unsecured consumer loan, with the rate type listed as fixed and the loan model as fixed rate. The cost of borrowing stays put across the term, so repayments are predictable. Monzo Flex tops out lower, at 10% to 23%.

How much can I borrow and over what term?+

Personal loans run from AMD 100,000 to AMD 20,000,000 in Armenian dram, with terms of 1 to 60. That range covers a short repayment or a longer schedule, so the monthly figure can be tuned by stretching the term. Fast Bank is a direct lender, so the figures come straight from the bank.

What does it cost to arrange a Fast Bank loan?+

There is no arrangement charge on the unsecured personal loan: the origination fee is 0 AMD and the percentage fee is 0%. On the mortgage the product fee is listed as AMD 0, and early repayment is free, so clearing the balance ahead of schedule costs nothing extra.

Who regulates Fast Bank?+

Fast Bank operates in Armenia, where its regulator is the Central Bank of Armenia (CBA). Headquarters sit in Armenia, and the bank is a direct lender rather than a broker, so 13.81% to 23.1% is its own rate on its own product and you contract with the named lender.

Can I repay a Fast Bank loan early?+

Early repayment is free on the unsecured consumer loan, so clearing all or part of the balance ahead of the agreed schedule adds no charge. With terms of 1 to 60 available, you can shape repayments around your income and bring the finish date forward without a penalty.

Who can apply for a Fast Bank loan?+

Applicants must be adults registered in the Republic of Armenia, with documented income and a minimum period of work experience. The credit check is hard and the credit level needed is good, so a thin file is unlikely to pass quickly.

Does Fast Bank lend for homes and remortgages?+

Yes: the mortgage product covers purchase and remortgage, with a maximum loan to value of 90%. The initial rate is 13.5% and the rate of 14.47% holds for 3 before review. The product fee on the mortgage is AMD 0.

What types of loan does Fast Bank offer?+

The lending range covers personal, credit line and secured, spanning personal, credit line, secured and student loans. A revolving credit line sits alongside a term loan for people who want to borrow and repay repeatedly. Fast Bank is a direct lender, so you apply to the bank itself.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Funding time, Representative example.

Fast Bank

Fast Bank

Fixed-rate Armenian borrowing with an origination fee of 0 AMD.

9.2/10See alternatives

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