VTB Bank (Armenia) returns up to 20% of principal amount of installment loan to accurate borrowers

YEREVAN, April 26. /ARKA/. VTB Bank (Armenia) has improved the terms of its Super Rate service – it returns up to 20% of the principal amount of the installment loan to accurate borrowers, the press office of the bank reported on Tuesday.

«Now, our clients, formalizing installment loans in retail outlets that cooperate with VTB Bank (Armenia), will get an opportunity to have 20% of their loans’ principals returned after they fully repay them,» the press release says.

Connecting to Super Rate service and repaying their loans on time throughout at least six months, borrowers will be rewarded for their accuracy – they will get 20% of the principal amount of their loans.

One can become connected to the service during formalization of an installment loan in more than 300 trade centers that cooperate with VTB bank (Armenia).

The decision-making process and formalization take a few minutes.

All Armenian residents at the age not below 21 and not above 65 may take this loan.
VTB Bank (Armenia) has already returned about AMD 10 million to more than 3,000 of borrowers under Super Rate service.

More detailed information is available on the bank’s official website and at its offices. Phone number is 87-87.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004.

VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank (Armenia) has 67 branches all over Armenia’s territory – the largest branch network in the country.

VTB Bank (Armenia) is reckoned among leaders for general indicators. -0—

spot_img

POPULAR

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

Euro jumped 3.71 points against the Armenian dram: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.43 points on July 30, 2026, compared to July 29, to 366.63 drams.

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img