by Erik Abrahamyan
VTB Bank (Armenia) announces pre-New Year action on crediting by instalments. As press-service of the bank reported, within the frames of the action, clients, which buy things on the installment plan for 200 thsd AMD and more from 23 December 2013 till 31 March 2014, will get an opportunity to take part in the drawing to be held in April 2014 and win 10 money prizes for 300 thsd AMD each.
Individual persons residents of Armenia which reached 21 may apply to get a credit which may be registered in a store for several minutes without visiting the bank, only a passport and social card is needed. The clients are also given an opportunity to form accident insurance.
According to the Financial Rating of Armenian Banks prepared by Arminfo, as of 1 October 2013, credit investments of VTB Bank (Armenia) amounted to 212.6 bln AMD, by 40,6% more then in 2012, and by 24,3% more for nine months of 2013. The bank is the leader by this indicator. The bank is also leading by the consumer crediting portfolio. It ensured the volume 63.9 bln AMD with 24,8% growth for 9 months. The share of the consumer credits in total credits of the bank is more than 30%.