{"id":15673,"date":"2010-10-08T06:43:31","date_gmt":"2010-10-08T06:43:31","guid":{"rendered":"https:\/\/armbanks.am\/2010\/10\/08\/231610\/"},"modified":"2024-12-15T12:48:25","modified_gmt":"2024-12-15T12:48:25","slug":"raiffeisenbank-austria-sets-3-million-euro-limit-for-bank-vtb-armenia","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/10\/08\/15673\/","title":{"rendered":"Raiffeisenbank Austria sets 3 million euro limit for Bank VTB Armenia"},"content":{"rendered":"<p><strong>YEREVAN, October 8, \/ARKA\/.<\/strong> Reiffeisenbank Austria, a leading corporate and investment bank in <em>Austria<\/em><em>,<\/em><em> <\/em>a long-time partner of Bank VTB Armenia has set for it a 3 million euro limit for carrying out documentary operations, Bank VTB Armenia told ARKA. It said this has given it an extra opportunity to carry out documentary operations for a term of 180 days without withdrawing cash assets.<\/p>\n<p>\u201cThis means that Bank VTB Armenia will offer its clients involved in foreign economic transactions letters of credit and guarantees at more profitable terms,\u2019 the bank said in a statement.<\/p>\n<p>Mary Mamikonian, director of the department in charge of corporate businesses, was quoted as saying that the bank offers its clients all necessary conditions for successful businesses &#8211; import and export letters of credits, bank guarantees and trade financing.<\/p>\n<p>\u2018Our bank opens all types of irrevocable letters of credit in favor of external beneficiaries,\u2019 she said.<\/p>\n<p>She said the bank uses extensively the opportunities of VTB Bank Group which is a member of the International Commerce Chamber. The limit offered by Raiffesenbank Austria underlines its trust in Bank VTB Armenia, she added.<\/p>\n<p>Bank VTB Armenia (previously Armenian Savings Bank) is fully owned by Russian Bank VTB. Bank VTB Armenia is one of the leading Armenia-based banks in terms of major indicators. It has the largest network of branches in Armenia. \u00a0-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raiffeisenbank Austria sets 3 million euro limit for Bank VTB Armenia.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12715,15676,12716,15444,12909],"class_list":{"0":"post-15673","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-austria","9":"tag-bank-vtb-armenia-2","10":"tag-limit","11":"tag-raiffeisenbank-2","12":"tag-ovsyanikov"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/15673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=15673"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/15673\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=15673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=15673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=15673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}