VTB Bank (Armenia) advises clients to apply for loans directly to bank, without mediators

YEREVAN, September 26. /ARKA/. VTB Bank (Armenia) advises clients to apply for loans directly to the bank, without mediators.

“Cases of loan formalization trough mediator companies have become frequent in Armenia,” the bank says in a press release. “They, gaining citizens’ confidence and deluding them, promise support in receiving loans referring to cooperation with the bank. Later, providing incorrect information to borrowers, they demand high commissions putting such people in a difficult situation.”

VTB Bank (Armenia) warns clients against dealing with loan-mediating companies and reminds them that it doesn’t use any mediation.

“If you want to receive a loan, we recommend you to apply directly to VTB Bank (Armenia) branches without resorting to mediators’ services,” the bank’s press office says. “The bank’s branches all over Armenia’s territory provide various kinds of loans either to individuals or to legal entities. To receive detailed information you can visit the bank’s branches, call 87-87 or visit the official website www.vtb.am&quot.”

VTB Bank Armenia 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

Deposits in Armenian commercial banks exceeded 7.5 trillion drams at the end of March

Deposits in commercial banks in Armenia at the end of March 2026 amounted to 7,581,163 million drams, compared to 7,418,404 million drams in February. This is according to data from the Statistical Committee.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

Euro to Armenian dram exchange rate continued to decline, while the dollar and ruble rose: 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 May 14, 2026, rose by 0.15 points compared to May 13, to 368.78 drams.

LATEST NEWS

spot_imgspot_imgspot_img