Wed, 5 March
11.1 C
Yerevan
USD: 393.86 RUB: 4.41 EUR: 413.95 GEL: 141.17 GBP: 501.07
spot_img

VTB Bank (Armenia) starts serving social accounts within social package program

YEREVAN, February 28./ARKA/. Customers of VTB Bank (Armenia) can now open social accounts at the bank within the framework of the social package program, the bank reported ARKA on Thursday.

In January 2012, the Armenian lawmakers introduced the new social package that is targeted at civil and public servants in culture, education and social security spheres. Each employee will receive 132,000 drams annually.

“From now on, all interested customers can open social accounts at VTB Bank (Armenia) which will further coordinate these accounts. The physical presence of the customers will not be required any longer,” according to the source.

Social account transactions will be made in four directions: payments for health insurance, tuition, mortgage loans and vacations on the territory of Armenia and the Nagorno-Karabakh Republic.

The employees of large organizations can apply to “distance opening of social accounts.”
In that case, the bank specialists will visit such organizations, register and proceed the full applications on the spot.

Moreover, the customers can get loans of up to six-time size of their social package amount to make payments to the four directions mentioned above.

In addition, the clients can make simultaneous payments within the social package without waiting for refills on their accounts.

VTB Bank (Armenia) customers can open social accounts at all 67 branches of the bank throughout Armenia.

The beneficiaries of the social package and their family members, including spouses and single children up to 27 years old, regardless their job positions and salary will equally enjoy a number of social services. The package covers medical insurance, monthly redemption of mortgage credits, tuition fees at accredited universities, and vacations in Armenia and Nagorno-Karabakh.

VTB Bank Armenia joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). It has the largest branch network in the country – 67.—0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img