VTB Bank (Armenia) offers installment loans

YEREVAN, January 10. /ARKA/. VTB Bank (Armenia) clients, making shopping in the bank’s partner trade centers, will enjoy the opportunity of formalizing installment loans on beneficial conditions, the press office of the bank reported on Tuesday.

The bank clients can have up to AMD 1.5 million for 60 months at zero interest rate and zero prepayment.

The monthly service fee is equal to 1.39% of the amount lent.

VTB Bank (Armenia) clients can purchase mobile phones, electric household supplies, furniture, construction materials etc by installment.

Individuals who are residents of Armenia at the age above 21 may apply for such loans.

The loans are formalized in a few minutes right in shops. Only passports and social cards are needed for that.

To get detailed information one can visit the bank’s offices or its website www.vtb.am. One can also call 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. ($1 – AMD 484.93). –0—

spot_img

POPULAR

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

Armenian insurance company Prime Insurance Brokers has received Lloyd’s Broker accreditation

Armenian insurance company Prime Insurance Brokers LLC has received accreditation as a Lloyd's broker.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 25, 2026, fell by 0.12 points compared to March 24, to 377.2 drams.

Armenia uncovers scheme to illegally import large sums of rubles and exchange them for dollars

The State Revenue Committee (SRC) of Armenia reported the discovery of cases of large amounts of foreign currency in cash being imported into the country and its possible involvement in shadow circulation.

LATEST NEWS

spot_imgspot_imgspot_img