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

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

LATEST NEWS

spot_imgspot_imgspot_img