YEREVAN, June 11. /ARKA/. The Russian-owned Bank VTB (Armenia)  said today it has developed a new service for its clients allowing them to repay their loans secured by gold via TelCell terminals. The Bank said in a press release that the repayment can be made through some 800 TelCel payment terminals installed in Yerevan and across the country.

The acting chief executive officer of the Bank, Yuri Gusev, was quoted as saying that the Bank always strives to offer its customers innovative solutions to meet their needs and interests.
"This is a joint project with TelCell, which we estimate as evidence of successful cooperation", he said. Gusev also noted that earlier VTB Bank (Armenia) in conjunction with this company launched a service allowing its customers to add money to their bank accounts.

"With the introduction of this new service we believe that the process of loan repayment through TelCell terminals l will also become popular because it gives customers the opportunity to repay the loan  at any time, without additional cost and time,"  Gusev added.

The repayment of loans secured by gold via TelCell terminals is simple and accessible. The payment process takes just minutes and is available 24/7. When the transaction is completed the customer gets a message on his or her mobile phone confirming the payment. -0-