Thu, 5 February
-1.9 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

VTB Bank (Armenia) launches special new year offer

YEREVAN, November 20. / ARKA /. VTB Bank (Armenia) has launched a special offer for its customers who would seek loans to buy goods on installment plan. The Russian-owned bank said the special offer applies to its customers who will get a loan to buy electronic, household appliances, furniture, building materials from those stores which are its partners. Loans are made available directly at the store upon presentation of identity documents. Besides, from November 19 to December 28 all customers who will apply for a loan to buy goods on credit, will receive gifts at stores.

Those customers who will buy a good worth over 200 thousand drams will get a unique opportunity to participate in the drawing of a KIA Picanto car, which will be held in February 2013.

VTB Bank Armenia chief executive officer Yuri Gusev was quoted as saying in a press release that
loans are available at 200 retail outlets throughout Armenia. The transaction takes minutes.

‘We are confident that the Armenian citizens will appreciate the bank’s moves aimed at helping them increase their living standards,” he said.

VTB Bank (Armenia) is fully owned by Russian VTB Group. It runs 69 branches across the country, more than any other Armenia-based bank. -0-

spot_img

POPULAR

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

LATEST NEWS

spot_imgspot_imgspot_img