Wed, 2 July
20.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

VTB Bank (Armenia) launching last in 2017 loan-offering campaign

YEREVAN, December 28. /ARKA/. VTB Bank (Armenia) is launching the last in 2017 campaign offering gold-secured loans, the press office of the bank reported on Thursday.

The offer is in force until January 31, 2018.

The bank will provide loans in drams and in US dollars at 2% and 1% annual interest rates respectively.

The size of a loan amounts to up to 150% of the estimated cost of the collateral, and the repayment term is 90 days.

A lump-sum commission equal to 4% of the total amount will be taken.

Formalization of these gold-secured loans takes just a few minutes. One can visit any of the bank’s offices with his/her passport.

More detailed information can be got by visiting the bank’s offices or calling 87-87.

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia refrains from forecasting the exchange rate of dram for 2025

The Chairman of the Central Bank of Armenia Martin Galstyan declined today forecasts on the exchange rate of the national currency , the dram, against the US dollar for the next year and did not comment on the impact of the recent fluctuations of the Russian ruble.   

Finance Minister: Armenia has no problems with public debt management

The government of Armenia does not have serious problems with managing the public debt,  Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about  about how manageable the debt is and what the main risks associated with it are.

Partnership Launch: Freedom Broker Armenia & Teach For Armenia

Teach For Armenia is proud to announce a new partnership with Freedom Broker Armenia, aimed at enhancing financial literacy and educational innovation in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img