Sat, 1 February
2.1 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

VTB Bank (Armenia) Offers New Credit Cards With Grace Credit Period

YEREVAN, November 15. /ARKA/. On Monday, VTB Bank (Armenia) offered new products – Visa Classic Credit and Visa Gold Credit cards – to individuals, the bank’s press office reports.

“Visa Classic Credit and Visa Gold Credit cards constitute a new level allowing clients enjoy grace period of crediting,” the bank’s press release says.

Now users of this bank’s cards can use the credit line without paying interests for certain period of time.

“Credit cards of VTB Bank (Armenia) with grace period of crediting can be used not only as free credit, but also as handy and reliable means for carrying out everyday pays,” the bank says in its press release.

These credit cards are provided to everybody who has stable income.

Grace period is intended for personnel of those organizations accredited by the bank and all the individuals having accounts in VTB Bank (Armenia).

Artak Khachatryan, director of the bank’s retail business division, views this offer as first step toward modernization of card products.

He said that the bank finds development of card products strategically important.

The main advantage of the credit card of VTB Bank Armenia is grace period, but the three-day term set for consideration of a client’s application is important as well.

Loans are extended in any currency – AMD, USD, EUR, and RUR.
“Besides, a client also gets a chance to get extra three cards and enjoy discounts from 200 outlets,” Khachatryan said.

VTB Bank Armenia that is reckoned among leaders in Armenian banking system joined VTB Group in April 2004.

VTB Bank, the second biggest bank in Russia, holds 100% of shares of VTB Bank (Armenia).

Now VTB bank (Armenia) has 68 branches – the largest branch network in the country.-0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img