Mon, 30 June
31.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

VTB Bank (Armenia) pays 20 percent refund to bona fide borrowers

YEREVAN, March 22. / ARKA /. The Yerevan-based VTB Bank (Armenia) said today it will continue to refund up to 20% of the principal amount of an installment loan to its bona fide borrowers after the full repayment of the loan

To date, the Bank has paid over 28 million drams as bonuses to its bona fide borrowers. This offer is for those who will take an installment loan, get connected to free “super rate” service and make regular monthly payments at least for 6 months.

The refund amount is calculated depending on the repayment term of the loan. It is paid to the client as a percentage of the principal amount of the loan (up to 20%) immediately after the complete repayment of the loan.

Detailed information on terms of installment loans and “super rate” service is available on the website of the VTB Bank (Armenia). Detailed information is also available at the Bank’s branches and by calling 87-87.
VTB Bank (Armenia) was entirely acquired by Russian VTB in 2004. It runs 67 branches across Armenia. -0-

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

Armenian banks  in 2024 increased profit by 61% to 363 billion drams – UBA

Armenia-based banks made a profit of 363 billion drams in 2024, an increase of about 137 billion drams, or 61%, compared to 2023,  Daniel Azatyan, the head of the Union of Banks of Armenia (UBA) told a press conference today.

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

LATEST NEWS

spot_imgspot_imgspot_img