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

Net non-commercial remittances in Armenia accelerated to 11.7% in March – WB

Net non-commercial remittances in Armenia increased by 11.7% year-on-year in March, following a 5.2% year-on-year increase in February, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

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

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 19, 2026, rose by 0.17 points compared to May 18, to 368.21 drams.

About 10% of Armenia’s dram-denominated government debt is held by international institutional players: Central Bank Governor

Institutional players are entering the dram-denominated government debt market in Armenia, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

The assets of Armenia's banking system continue to dominate the country's financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img