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VTB Bank (Armenia) and Beeline launch co-branded card

YEREVAN, September 5. /ARKA/. VTB Bank (Armenia) and ArmenTel telecom operator (trading as Beeline) have announced the issuance of a new co-branded banking card, designed to accelerate  and simplify the process of obtaining credit lines, the bank’s press service reported today.

According to the bank, the process of obtaining VTB Bank (Armenia)  credit cards has been simplified for all loyal subscribers to Beeline.

One of the advantages of the co-branded card is the possibility of obtaining a credit line on the card via a facilitated procedure with a grace repayment period of up to 45 days.

“We are glad to cooperate with Beeline and we are convinced that our technological and financial capabilities will allow Beeline’s subscribers  to participate in the program on more favorable terms,” VTB Bank (Armenia) CEO Yuri Gusev was quoted as saying in a bank press release.

He said the release of the co-branded cards with Beeline is yet another step towards simplifying the process of registration of a credit line to save clients’ time and resources.

According to the press release, co-branded cards can be obtained by Beeline’s subscribers with good credit history. They need to visit a branch of VTB Bank (Armenia) with a document proving their identity and the social card.

Additional information is available at  any branch of VTB Bank (Armenia). It can be obtained also by  calling 87-87.

ArmenTel is owned entirely by VimpelCom. It provides fixed and mobile telephony services, high-speed Internet and IPTV.

VTB Bank (Armenia) was acquired fully by Russian VTB in 2004. It has the largest branch network of 67 offices in the country. -0-

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