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 police warn of new phishing scheme purporting to be a bank

The Armenian Ministry of Internal Affairs' cyber police have warned of a fraudulent advertisement actively spreading on social media, purporting to be a joint offer from AMIO Bank and Yandex Eats.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.87 points on August 5, 2026, compared to August 4, to 366.14 drams.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

LATEST NEWS

spot_imgspot_imgspot_img