Friday, July 15 2016 15:27

ArmInfo. Interest rate on consumer and lombard loans will be reduced by 1-1.5% if accident insurance is obtained. Thus, the client will not only be insured from unexpected circumstances but will also get a loan with reduced interest rate. The press-service of the bank has told ArmInfo that the matter concerns Universal consumer loan without collateral and gold-secured loan.

According to the source, VTB Bank (Armenia) provides "Universal" loan for 100,000- 4 million drams at the annual interest of 17%-24% and up to 5 years maturity.   The Bank also offers gold-secured lombard loans at a nominal interest rate of 22%, the maximum amount of the loan is 3 million AMD. The loan is provided within 20 minutes by just one visit to the bank.

VTB Bank (Armenia) constantly works on improvement of terms and quality of the provided services and products. Developing new products and offers the Bank provides its clients the complete package of banking services on comfortable terms.  For more details, please visit official website of the bank (www.vtb.am) or any of the Bank's branches. You can contact the Bank's Reference Service through the short number 87-87.

To note, VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned by VTB Group, the second biggest bank in Russia. VTB Bank (Armenia) is one of the leaders of Armenia's banking sector. It has 67 branches all over the country (the largest branch network in Armenia). The bank is in top-3 in terms of consumer loans ensuring amount of 64 bln AMD as of April 1 2016. In the total loan portfolio of the bank the share of consumer loans makes 33%.