ArmInfo.VTB Bank (Armenia) announces the beginning of the process of forgiveness of accumulated penalties and fines for overdue consumer loans to individuals. As the press service of the Bank told ArmInfo, this offer covers all types of consumer loans regardless of the amount of debt and currency. In particular, these are cash loans without collateral and secured by real estate, POS loans, credit lines, loans secured by gold products, credit cards.
According to the source, the offer is valid for loans with of more than 271overdue days, which as of 31.05.2018. were considered hopeless. Clients interested in the offer are required to visit any branch of the Bank until December 31, 2018 for the conclusion of the Settlement Agreement, which establishes a new schedule for the repayment of the residual debt for a period of up to 5 years, with the condition of making the first repayment on the day of signing the Settlement.
For registration of the settlement agreement it is enough to present the passport and social card. The deal is drawn up on the site in 15 minutes.
To note, "VTB Bank (Armenia)" JSC became a participant of 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. The branch network of VTB Bank (Armenia) covers 67 units with presence both in the capital and in all areas.