Tue, 13 January
1.1 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

VTB bank (Armenia) and Rosgosstrakh Armenia offer loans for purchase of car insurance policies

YEREVAN, July 8. /ARKA/. VTB Bank (Armenia) jointly with Rosgosstrakh Armenia  insurance company have unveiled an ‘exclusive’ product – a loan for the purchase of mandatory motor car and  CASCO insurance policies of Rosgosstrakh Armenia, the bank’s press service said in a press release. The move is designed to reduce customer’s financial burden.

The insurance policies can be obtained at Rosgosstrakh Armenia offices and at the branches of VTB Bank (Armenia).

“The loan processing procedure will take no more than 20 minutes. The applicants will have to have with them only an identity document, social card and the technical passport of the vehicle. The loan is granted for a period of 1 year,” the press release said.

More information about the terms of the loan can be obtained by calling VTB Bank (Armenia) phone 87-87, or by visiting any of the 67 branches of the bank.

VTB Bank was entirely acquired by Russian VTB Group in 2004. Rosgosstrakh Armenia was established in 2008 and runs 50 offices in Armenia.-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img