Friday, November 23 2012 20:08

VTB Bank (Armenia) ready to provide loans to start-up enterprises despite its conservative policy


ArmInfo. VTB Bank (Armenia) is ready to provide loans to the start-up enterprises despite its conservative policy, Yuri Gusev, Director General, Chairman of the Directorate of VTB Bank (Armenia), said at today's press conference dedicated to the results of the Bank's activity for Jan-Sept 2012.

Gusev said that on the one hand, the Bank is ready to provide advisory services to start-up enterprises, and on the other hand, it is ready to attract international resources to Armenia, which contribute to development of various directions of business on a preferential basis. "These projects are very interesting, and I think that the future of the Armenian economy belongs to new technologies and new production, and we will work in this direction by all means", he said.

At the moment VTB Bank (Armenia) has the largest branch network in the country - 69 branches (44 in the regions, and 25 in Yerevan).
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