Tue, 15 April
8.1 C
Yerevan
USD: 390.92 RUB: 4.75 EUR: 445.10 GEL: 141.98 GBP: 515.78
spot_img

VTB Bank (Armenia) offers new product to pensioners

YEREVAN, December 5. /ARKA/. VTB Bank (Armenia) offers a new product to pensioners – ‘The Credit Line for Pensioners’ at zero interest rate.

This is a credit line in drams, which is provided to clients’ pension card with no annual interest rate.

Clients have to pay only monthly service fee – 1.5% of the limit amount.

The credit line is provided for up to 18 months (with automated prolongation) to pensioners who have not turned 78 yet. The maximum size of the line is equal to their there monthly pensions.

Card service and cash withdrawal from VTB Bank (Armenia) ATMs and ACBA-CREDIT AGRICOLE BANK are free.

The loan repayment is designed on a simplified scheme allowing pensioners not to visit the bank for repayment.

To get detailed information one can call 8787.

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

Armenia ratifies loan agreement with IBRD on €102 million healthcare coverage program

Armenia’s National Assembly’s committee on health issues has approved the ratification of a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD) on the universal healthcare coverage program.

TCF’s  AMD 400 million bonds listed on AMX, marking first precedent for tech companies in Armenia

The bonds of The Crowdfunding Formula (TCF) company were officially listed on the Armenian Stock Exchange (AMX) on April 7, 2025. TCF is the first technology company in Armenia to issue securities.

Armenian Interior Ministry warns about fraudsters on social networks

The Armenian Interior Ministry has warned citizens about  widespread fake adds on social networks, allegedly posted by  banks, inviting them to apply for quick and cheap loans.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

LATEST NEWS

spot_imgspot_imgspot_img