VTB Bank (Armenia) provides loans at lowered interest rates

YEREVAN, May 17. /ARKA/. In the run-up to the summer season, VTB Bank (Armenia) has downed nominal and effective interest rates on credit lines and consumer loans “Universal” – starting from 12.5% and from 13.5% respectively, the bank’s press office reported on Wednesday.

Formalizing their consumer loans in VTB Bank (Armenia), the bank’s clients save not only their money, but also their time, since the decision-making process takes one working day, on average, and those clients receiving their salaries through VTB Bank (Armenia) will have their loans formalized immediately.

More detailed information is available in any branch of the bank, on its website www.vtb.am. One can also call 87-87 for that.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004.

VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank
(Armenia) has 67 branches all over Armenia’s territory – the largest branch network in the country.

VTB Bank (Armenia) is reckoned among leaders for general indicators. -0—

spot_img

POPULAR

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.

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.

Results of the latest Junius stage summarized: a new stage lies ahead (VIDEO)

Precise mathematical calculations, financial skills, and boundless enthusiasm: the latest stage of the Junius financial tournament has successfully concluded.

Market capitalization exceeded 426 billion drams in July – Armenia Securities Exchange

Equity market capitalization exceeded 426 billion drams in July 2026, the press service of the Armenia Securities Exchange (AMX) reported.

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

LATEST NEWS

spot_imgspot_imgspot_img