VTB bank (Armenia) offers companion cards with no service fee for 12 months

YEREVAN, January 12. /ARKA/. VTB Bank (Armenia) said today it offers its customers the possibility of obtaining credit cards without waste of time and without having to produce additional documents.
According to a bank’s press release, when signing an agreement to get a mortgage loan for the purchase or construction of home, a mortgage loan for home renovation or a consumer loan called “Universal” without property security, the bank’s clients may get also Companion Cards.

The Companion Card is part of MasterCard international payment system and is issued for up to 24 months, with an interest rate beginning from 19% for loans in Armenian drams. The card has also accounts in 4 main currencies – Armenian dram, US dollar, euro and Russian ruble. This allows customers to save on foreign exchange transactions. Customers do not need to provide additional documents to get the Companion Card.

The bank will not charge service fee for the first year. From the second year the fee will be charged at the customer’s choice – either monthly or annually.

More information about the terms of Companion Card is available at the Bank’s branches or by calling 87-87.

VTB Bank (Armenia) was acquired entirely by Russian VTB group in 2004. It runs 67 branches across Armenia. -0-

spot_img

POPULAR

VIVA Foundation Named November Beneficiary of “The Power of One Dram”

As part of “The Power of One Dram” initiative, IDBank and Idram have announced the results for October. A total of AMD 4,589,996 has been transferred to the “Physmath Friends” Charitable Foundation, the initiative’s beneficiary for the previous month.

Acba Bank Launches Its Own Processing System

Acba Bank is transitioning to its own payment processing system, aiming to enhance the quality of its services and introduce new technological solutions and offerings for its clients.

From Dream to Reality: IDBank’s Special Mortgage Terms at TOON EXPO.Invest 2026

True to its commitment to offering flexible and modern financial solutions, IDBank participates in TOON EXPO.Invest 2026 Vol. 2 with special mortgage offers.

ARKA News Agency releases “Credit Organizations of Armenia” bulletin for Q3 2026

The ARKA news agency has released the latest issue of its quarterly financial and economic bulletin, "Credit Organizations of Armenia (Key Performance Indicators)," covering the third quarter of 2026.

Assets of Armenian credit organizations exceed 915.92 billion drams, up 6.36% since the beginning of the year

As of September 30, 2026, the total assets of Armenian credit organizations reached 915.92 billion drams an increase of 1.19% during the third quarter and 6.36% since the beginning of the year.

LATEST NEWS

spot_imgspot_imgspot_img