ArmInfo. VTB Bank (Armenia) has developed a new product - "Super Card" with a credit line at 0% interest rate. ArmInfo was told in the press service of the Bank that the client pays only a monthly fee for servicing the loan - 1.4% of the credit limit. The purpose of product launching is maximum simplification and simplification of the process of repayment of clients' credit obligations: there is no need for a monthly calculation, clarification of the amount payable. At the time of receiving the "Super Card" the client receives a specific amount due for payment with a monthly periodicity.
Cash withdrawal by "Super Card" through ATMs of VTB Bank (Armenia) and ACBA-Credit Agricole Bank is free of charge.
By "Super Card" the maximum term of the credit line is set to 2 years, and the maximum amount of the credit line is up to 6 times the amount of the client's income.
Advantages of lending at VTB Bank (Armenia) are as follows: for obtaining a credit line, a minimum package of documents is required - an identity document and a number of public services (social card); the decision to grant a loan is accepted by the Bank in the shortest possible time - a maximum of 1 working day; possibility of insurance against accidents.
More detailed information about the conditions and tariffs of the "Super Card" product can be found in the branches of VTB Bank (Armenia), at www.vtb.am, and in the Unified Information Service of the Bank at 87-87.
According to the analytical review "Armenian banks in the card business" prepared by IA ArmInfo, the single ATM network of VTB Bank (Armenia) and ACBA-Credit Agricole Bank as of October 1, 2017 has 337 ATMs, of which 162 are installed in Yerevan and 175 - in the regions of Armenia. In terms of coverage of the ATM network, these banks are included in the TOP-3.
It should be noted that VTB Bank (Armenia) CJSC became a participant in the international financial group VTB in April 2004. At present, VTB Bank, the second largest bank in Russia, owns 100% of VTB Bank (Armenia). The Bank is traditionally one of the leaders of the banking system of the Republic of Armenia in terms of key indicators. VTB Bank (Armenia) dominates the coverage of the branch network, which has 67 branches with presence not only in the capital, but in all regions of the country.