VTB Bank (Armenia) enables its customers to submit loan applications via Internet-banking

YEREVAN, March 20. /ARKA/. VTB Bank (Armenia) updated its Internet-banking service rolling out another opportunity for its customers – now they can submit their loan applications via Internet-banking service, the bank told ARKA on Wednesday.

“Now the bank’s customers can easily and quickly, without visiting the bank, submit not only card and deposit but also any loan applications via Internet-banking service,” the source stated.
Thus, the customers can save their time and get familiar with a broad varieties of loans offered by the bank; to calculate all the loan payments via a loan calculator even before submitting the application; upload all the necessary supplement documents with the application.

The service is available for 7/24 and the bank customers can have access to their funds data anytime and anywhere.

The customers can also monitor their application progress via the service.

“Innovative solutions in customer service have always been an inseparable part of our bank’s tools. This time our goal was to develop some alternative methods targeted at advancing lending process,” the bank quoted Yurki Gusev, Director General-Chairman of the Board of Directors at VTB Bank (Armenia), as saying.

Gusev also said currently the bank leads the Armenian market in a loan portfolio, thus, the issues related to service quality improvement are constantly in the limelight of the bank.
“Very often lending seems such a complex process for the customers, and they escape visiting the bank to get familiar with some details. Therefore, we decided to update Internet-banking service,” he clarified.

According to the source, loan applications submitted via Internet-banking will be reviewed by the bank within one business day.

VTB Bank (Armenia) became a member of VTB international financial group in April 2004. Currently, it is fully owned by Russian VTB Group, the second largest bank in Russia. It is listed in top 3 banks in Armenia. It has 67 branches in Armenia, more than any other bank. -0

spot_img

POPULAR

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

Euro rose against the Armenian dram, while the dollar and ruble continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on July 29, 2026, compared to July 28, to 366.2 drams.

LATEST NEWS

spot_imgspot_imgspot_img