ArmInfo. In 2018, in Armenia  within the framework of the program on subsidizing interest rates for  enterprises engaged in the processing of agricultural products, the  companies will be able to attract credit resources to 1 billion AMD  against the previously established 150 million AMD. ArmInfo was  informed about this in the Ministry of Agriculture of Armenia.

ArmInfo.

ArmInfo. Contrary to the slowdown in the growth of lending, the banks of Armenia are making quite a high profit. According to the Express-Ranking of Armenian Banks, prepared by the Rating service of the IArmInfo Information Company , the growth rate of crediting in 2016-2017 from 16.5% slowed to 4.3%, however, the aggregate net profit of the banking system from negative dynamics in 26.4% in 2016 went to the positive 15.6%. It is noteworthy that the investments of banks in securities increased in 2017 more significantly - by 22.3%, rather than lending volumes, and at the same time, the balances on nostro accounts (including in the Central Bank) increased significantly.

ArmInfo. The portfolio of the  state program for subsidizing rates on agro-loans for harvesting  agricultural raw materials amounted to 18 billion AMD. ArmInfo was  informed about this by the press service of the RA Ministry of  Agriculture, explaining that the maximum amount of the loan within  the framework of this program is set at 1 billion AMD.

ArmInfo. VTB Bank (Armenia) at  the end of 2017. He offered his customers to use EarlyOne mobile  application to get the most prompt service in the branches. And  already 10% of clients keep their turn in advance - by remote means.  The press service of the Bank informed ArmInfo about this.

ArmInfo. VTB Bank (Armenia) announces a promotion on loans in installments. According to the press service of the company, until January 31, 2018, customers are given the opportunity to buy goods in the partner shops of VTB Bank (Armenia) on favorable terms in installments. In particular, the interest rate and prepayment - 0%, the maturity of the loan - up to 5 years.  The maximum amount of the loan is up to 1.5 million AMD, and the monthly commission for maintenance is 1.39% of the loan amount.

ArmInfo. On the eve of New Year's holidays, VTB Bank (Armenia) launches the latest in 2017. share in loans secured by gold, which will remain in force until January 31, 2018.

ArmInfo. In order to develop  remote service channels for its corporate customers and private  entrepreneurs, VTB Bank (Armenia) has launched a new opportunity to  replenish its banking / card accounts through TelCell payment  terminals, indicating the purpose of the payment.

ArmInfo. The Central Bank of  Armenia and German Development Bank KfW signed a loan agreement for  15 million euros to finance energy saving projects in the sphere of  micro, small and medium-sized businesses (SMEs). As the press service  of the Central Bank of Armenia told ArmInfo, the document was signed  on December 18.

ArmInfo. VTB Group launched instant money transfers for cardholders of VTB Bank (Armenia) from cards of any Russian bank. As ArmInfo was explained in the press service of the Bank, a new service is available at https://perevod.vtb24.ru.

ArmInfo.In order to create  more comfortable conditions for servicing its customers, from  December 18, 2017 the branch of VTB Bank (Armenia) Nalbandyan 46,  will operate in a new spacious office at  Pushkin 3/1 (in remoteness  only 100m from the current branch). As the press service of the Bank  told ArmInfo, the operating mode of this branch is from Monday to  Friday inclusive from 9:15 to 17:30.

ArmInfo. VTB Bank (Armenia) launches reception of contactless MasterCard PayPass cards in the trade network. As ArmInfo was told in the press service of the Bank, customers can pay by contactless MasterCard PayPass card of VTB Bank (Armenia) and other banks (local and foreign) by simply touching the terminal at the trade and service point where the PayPass logo is present.

ArmInfo. VTB Bank (Armenia), taking into account the development of the mortgage market and the needs of customers, launched a new mortgage product with the option to purchase real estate with a prepayment of only 3%. As the press service of the Bank told ArmInfo, this product acts both for the secondary market and for real estate purchased from developers even in case of unfinished construction.

ArmInfo. VTB Bank (Armenia)  announced the launch of shares on deposits for individuals - "Winter  Savings", effective December 7, 2017, until December 29, 2017. As the  press service of the Bank told ArmInfo, within the framework of this  campaign, customers will be able to draw up the "Favorable" deposit  at higher rates.

ArmInfo. VTB Bank (Armenia) introduced a new product - "Credit line to pensioners" for persons of retirement age at a zero rate, only a monthly maintenance fee is charged from the customer. According to the press service of the Bank, this is a AMD loan line opened for the client's current pension card.

ArmInfo. VTB Bank (Armenia), expanding the range of services and products for its privileged customers, launches a new package offer "Privilege" on the basis of Visa Platinum premium card. As the press service of the Bank informs, the client can apply for the "Privilege" package only in the premium branch of "Prime", located at 2/86 Baghramyan Ave, Yerevan. 

ArmInfo. The largest international bank Citibank awarded the Bank VTB (Armenia) the STP Award 2016 for the high quality of international transfers.

ArmInfo. On the eve of the New Year holidays, VTB Bank (Armenia) together with the world leader in digital payments  Visa continues to develop non-cash payments in the country, offering all Visa cardholders to participate in the promo # whendreamscometrue. The main prize - a magical trip to Parisian Disneyland - 2 tourist packages (each package for two), and among the 100 most active participants will be raffled prizes - 8 mini iPads.

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.

ArmInfo. Until the end of 2017, VTB Bank (Armenia) intends to increase its retail loan portfolio to 91 billion AMD. The director of the Retail Business Development Department of VTB Bank (Armenia) Ivan Telegin stated in the conversation with the ArmInfo correspondent.