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Armenian Parliament Commission for Economic Affairs endorses agreement of Armenia's accession to EEU

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Orange Kino service now available as well in Cinema Star

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Beeline launches NON-STOP service

Russian expert: The US pressure upon Tbilisi hinders opening of the railway to Armenia

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Defense Ministry: Military Honors Funeral to pilots of downed Mi-24 helicopter scheduled for 24 November

Armenia's deputy minister of defense informs Ambassador Kasprzyk of details of latest special operation to recover bodies of Mi-24 helicopter crew

Zdzislaw Raczynski says Poland remains committed to its principles in NK problem, that is, not to arm conflicting parties

System of a Down to perform in Yerevan in 2015

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Seyran Ohanyan: Parts of Armenian helicopter downed by Azerbaijan to be submitted for examination

Armenia confirms it will participate in Baku 2015 European Games, Patrick Hickey says

OSCE Minsk Group Co-Chairs' Nov 19 statement changed due to Azerbaijan's hysteria

Armenian Defense Ministry hints at big losses in Azerbaijani army due to special operation of NKR Special Forces

Armenia's banks have opportunity to expand their customer base in regions

Armenian Special Forces' actions excite admiration but they do not justify the criminal negligence of Armenian leadership, Artsakh war veteran says

NKR Defense Army Special Forces recover remains of downed Mi-24 helicopter crew

Minister advises Armenian jewelers to hire Indian diamond-cutters to enhance labor efficiency

In 2014 Armenia reduced imports of rough diamonds mostly due to decline in supplies to Russia

Karen Mirzoyan: Karabakh authorities have been taking all the necessary steps for returning of the bodies of the members of MI-24 crew

Every third resident of Armenia is "statistically" poor

Vahe Hakobyan dismissed from the position of the Head of Armenia's Water Management Committee

Ameria Management Advisory enlarges geography of its activities

David Babayan: James Warlick has de facto recognized the presence of a state border between Nagorno-Karabakh and Azerbaijan

MP from Armenian National Congress: Non-power parliamentary forces should be guided by statements of Ruben Hakobyan rather than Raffi Hovannisian

Raffi Hovannisian: Such a short distance between Armenian helicopter and Azeri positions raises numerous questions to Armenian command

Russian professor: Russia's political forces, starting from government officials to opposition, use xenophobic slogans

View from Moscow: Accession to Eurasian Economic Union will not increase number of Armenian citizens migrating to Russia

Expert: Developments in domestic political life of Armenia by no means comply with geopolitical processes in the world

VTB Bank (Armenia) announces a summer POS lending campaign at reduced rates and without any advance payment

  • by Erik Abrahamyan

  • Monday, June 23, 20:30

 VTB Bank (Armenia) announces a summer POS lending campaign at reduced rates and without any advance payment. The press service of the Bank has told ArmInfo that the customers can receive a loan before 16 September 2014 to do shopping at certain trade and service outlets of the Bank's partner companies not only in Yerevan but also in the marzes of Armenia.    

The source says that the loans are provided for 3-48 months. VTB Bank (Armenia) has 690 points of lending for installment purchase throughout Armenia and is one of the market leaders.  The lending process is simple. The customers can receive the loans at the relevant stores within 25 minutes by presenting their passports and social cards only. The list of the Bank's partners and the relevant trade outlets, as well as the lending terms are available on the Bank's website vtb.am.  

According to ArmInfo's Rating of Banks of Armenia, as of Apr 1 2014 VTB Bank (Armenia) had the biggest consumer loan book - 79.4bln AMD or 33% of all loans (243.1bln AMD). 40% of the bank's loans or 96.1bln AMD are personal loans.

VTB Bank (Armenia) joined VTB Group in Apr 2004 and is owned by VTB Bank from Russia. The bank has the largest branch network among Armenia's banks (67 branches all over the country).

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