{"id":98169,"date":"2016-05-20T07:00:56","date_gmt":"2016-05-20T07:00:56","guid":{"rendered":"https:\/\/armbanks.am\/2016\/05\/20\/244690\/"},"modified":"2024-12-15T13:23:46","modified_gmt":"2024-12-15T13:23:46","slug":"vtb-bank-armenia-doubles-the-number-of-loans","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/05\/20\/98169\/","title":{"rendered":"VTB bank (Armenia) doubles the number of loans"},"content":{"rendered":"<p><strong>YEREVAN, May 19. \/ARKA\/.<\/strong> VTB Bank (Armenia) said today the number of loans provided to individuals and small businesses as of March 31, 2016 stood at 54, 800 worth\u00a0 more than 18.7 billion drams, twice the number of loans provided in the same period of\u00a0 time in 2015.<\/p>\n<p>At the end of the first quarter the bank&#8217;s retail loan portfolio included about 185,000 issued loans worth 93.5 billion drams.<\/p>\n<p>&#8220;Lending to retail businesses is one of the main directions of VTB Bank (Armenia) activity. The bank pursues a balanced and flexible credit policy, offering various types of loans to its customers. The achieved result once again confirms that the bank retains a leading position in the Armenian market of crediting,&#8217; the bank said in a press release.<\/p>\n<p>The bank&#8217;s assets grew by 1.48% in the first quarter from the beginning of the year to\u00a0 314.7 billion drams; its\u00a0 liabilities increased by 1.29% to 272.7 billion drams; its total capital grew by 2.7% to 42 billion drams and its credit investments fell by 3.67% to 176.9 billion drams.<\/p>\n<p>VTB Bank (Armenia) was entirely acquired by Russian VTB Group in 2004. It runs 67 branches across Armenia, more than any other local bank.-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VTB Bank (Armenia) said today the number of loans provided to individuals and small businesses as of March 31, 2016 stood at 54, 800 worth  more than 18.7 billion drams<\/p>\n","protected":false},"author":1,"featured_media":165933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12455,15826],"class_list":["post-98169","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news","tag-armenia-2","tag-loans","tag-vtb-bank-armenia-2"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"VTB Bank (Armenia) said today the number of loans provided to individuals and small businesses as of March 31, 2016 stood at 54, 800 worth more than 18.7 billion drams\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<meta name=\"keywords\" content=\"armenia,loans,vtb bank (armenia)\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2016\/05\/20\/98169\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"VTB bank (Armenia) doubles the number of loans - 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