Friday, October 14 2016 18:35

ArmInfo. VTB Bank (Armenia) offers its clients a service of redeeming consumer loans, due to which one or several loans in other banks or credit organizations can be repaid via a loan received in VTB Bank (Armenia) on beneficial terms.

The press-service of the bank has told ArmInfo that from now on the clients of VTB Bank (Armenia) using this service will receive a loan on lower interest rate, will unite monthly payments on several loans serviced in one or several organizations into one payment, will reduce monthly credit burden via extending loan term and may receive a loan bigger than all the other loans in other banks.

At the same time borrowers of VTB Bank (Armenia) have an opportunity to redeem loans 24 hours a day in more than 1500 terminals of Tel Cell and Easy Pay, as well as via Internet Banking system.

One can receive information about the service visiting any branch of the bank or by calling 87-87.

According to the Financial Rating of Armenian Banks as of July 1 2016, VTB Bank (Armenia) was among Top 5 banks by loan portfolio (186.4bln drams). About 42% of them are retail loans. By consumer loans the bank is in Top-3 with an amount of 62.7 blnd rams the share of which in retail loan portfolio exceeds 79%.

VTB Bank Armenia CJSC joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank (Armenia) has 67 branches throughout Armenia - the largest branch network in the country. VTB Bank (Armenia) is reckoned among leaders for general indicators.