Tuesday, February 18 2014 14:45

VTB Bank (Armenia) offers soft loans to doctors


ArmInfo. VTB Bank (Armenia) offers soft loans to doctors.

The press service of the bank reports that all doctors - no matter how much they earn - can get a loan with no security. The only condition is that they should have official wages.

"This will help our doctors to improve their finances. We want to make our loans more accessible for them. We hope that this will help them to carry out their plans," says VTB Bank (Armenia)'s CEO Yuri Gusev.

According to ArmInfo's Rating of Armenian Banks, as of Jan 1 2014 VTB Bank (Armenia) had the biggest loan book in Armenia's banking system (217.2bln AMD or 38.2% more than on Jan 1 2013). In 2013 the bank's assets grew by 41.8% to 299.7bln AMD, the net profit by 28% to 4.9bln AMD, the accumulated profit by 46.4% to 18.3bln AMD.

The sole owner of VTB Bank (Armenia) is VTB Bank from Russia. The bank has the largest branch network in Armenia's banking system (67 branches all over the country).
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