Newsfeed

Head of Russian Sports Federation: Sports laws oblige Azerbaijan to permit Henrikh Mkhitaryan's entry to Azerbaijan

LOT (Poland) to resume flights to Yerevan on 1 Jan 2016

To mark the 150th anniversary HSBC will allocate US$150m in community projects and local charities

Official investigation of the case against the policeman who had hit an elderly man, is suspended

EEU: The EEU Treaty allows the authorized veterinary bodies of the member-states to unilaterally apply temporary bans and restrictions on the products

Jermuk branch ensured three-fold increase of capture portfolio and became the winner of the contest among the VTB Armenia Bank

Beeline is recruiting local sales experts

"No to Plunder!" Initiating a New Wave of Disobedience

VivaCell-MTS provides broadband Internet, IP telephony and IP TV services to Central Bank's facilities in Dilijan

Turcologist: Aggravation of domestic political situation in Turkey to increase threats to Armenian community

Armen Martirosyan: Heritage leader's stand on constitutional reforms in tune with Heritage Party's stand

Renewed commitment at the highest level needed for Karabakh conflict settlement, Warlick says

Russia is responsible fulfilling its duties in Karabakh peace process

NKR Defense Army repels one more sabotage attack of Azerbaijani troops

Turcologist: Holding Off-Year Parliamentary Elections in Turkey Seeks to Transfer the Country into Presidential Government

VivaCell-MTS and Fuller Center for Housing Armenia Continue Partnership

VII PanArmenian Barbeque Fest to Take Place on Sep 12

Heritage to take no part in discussions on constitutional reforms with President

Stepanakert: NKR Defense Army keeps a tight rein on adversary

Manvel Sargsyan: Constitutional referendum is aimed at destroying the basis of Armenian statehood – the presidency institution

U.S. Ambassador: "One of the most effective drivers of cooperation is common business interests"

Gevorg Kostanyan requests his Azerbaijani colleagues to inquire into death of Armenian citizen Karen Petrosyan

Artak Zakaryan: We will be following Venice Commission's recommendations as much as they will meet our traditions and mentality

VTB Bank (Armenia) most recognizable bank brand in Armenia

Ucom not Clear about Orange Brand Future

Russian Air Carriers to Raise Air Ticket Prices again

Air Armenia Company embarks on second phase of overcoming stress period

Regional

VTB Bank (Armenia) launches a "Super-rate" offer - conscientious borrowers regain 10% of the loan interest paid

  • Friday, July 11, 18:45

VTB Bank (Armenia) has launched a "Super-rate", a special offer for its conscientious customers. Following the full redemption of the loan, the borrowers regain 10% of the total amount of the interest paid.   

The press service of the Bank has told ArmInfo that from now on the customers can receive an installment credit at over 700 trade outlets of VTB Bank's partners without any advance payment at an interest rate starting from 10% p.a. Having properly made the monthly payments and completely redeemed the loan, the conscientious borrowers regain 10% of the loan interest paid.      

The source says that the decision to provide the loan is taken within minutes and requires a passport (or an ID card) and a social card. The customers can receive detailed information on the "Super-rate" offer by visiting the Bank's website www.vtb.am or dialing 87-87.    

"The "Super-rate" offer combines an opportunity to acquire a product/service and a chance to accumulate and maintain the financial resources. VTB Bank (Armenia) seeks to encourage its conscientious borrowers by refunding a part of their installment credit interest paid. The key point of the offer is the far-sightedness of the customers, who get an opportunity to save on the amount of interest by regaining 10% of the interest paid in case of conscientious monthly payments", says Yuri Gusev, Director General, Chairman of the Management Board of VTB Bank (Armenia).

According to ArmInfo's Rating of Banks of Armenia, as of Apr 1 2014 VTB Bank (Armenia) had the biggest consumer loan book - almost 80bln AMD. The share of consumer loans exceeds 33% in the Bank's total loan portfolio, over 90% in the portfolio retail loans, and about 20% in the aggregate consumer loans of the Armenian banks. In 2013, VTB Bank (Armenia) increased its consumer loan book by 38%. At the yearend of 2013, the Bank's net profit was almost 5 billion AMD (28% year-over-year growth).

VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned by VTB Group, the second biggest bank in Russia. VTB Bank (Armenia) is one of the leaders of Armenia's banking sector. It has 67 branches all over the country (the largest branch network in Armenia).

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields