Bank VTB (Armenia) cooperating with Komatsu on financial leasing

08.11.2013 14:43
Bank VTB (Armenia) cooperating with Komatsu on financial leasing

YEREVAN, November 8. /ARKA/. Bank TVB (Armenia) has established cooperation on financial leasing with Komatsu official distributor, IKO Machinery LLC, the bank’s press office reported.

Apart from Komatsu, the bank is cooperating also with KamAZ, a major Russian truck manufacturer, as well as with Toyota Yerevan LLC (Toyota), Eurowagen LLC (Volkswagen), KIA Motors Armenia CJSC (KIA), HANA Service LLC (SCANIA), according to the report.
Bank VTB (Armenia) is one of the rare banks on Armenian market offering a financial leasing
service, says the report.

The bank is offering its clients to use leasing for purchasing vehicles, construction and agricultural equipment, as well as equipment used in mining, road construction, industry, medicine and other fields.

The report says the bank is ready to cooperate with all sellers both in Armenia and abroad to meet needs of its corporate clients. Professional qualities, experience and partnerships the bank has are minimizing the risks of procurement from foreign sellers.

Bank VTB (Armenia) has a leasing opportunity through Russian VTB Leasing Russian company that is an affiliate of Bank VTB ojsc. This allows the bank working faster, developing a specialised range of products and cooperation with suppliers, ensuring quality assurance and cooperation with international suppliers, according to the report.

General director and chairman of board of Bank VTB (Armenia) Yury Gusev pointed to the increased demand for financial leasing in Armenia due to better understanding of leasing opportunities.

“Getting financial leasing from Bank VTB (Armenia) means obtaining all advantages clients of VTB Leasing use, i.e. high standards of staff performance, complex service opportunities, stability and professional skills”, Gusev said.

Komatsu is a Japanese multinational corporation that manufactures construction, mining, and military equipment, as well as industrial equipment like press machines, lasers and thermoelectric generators

Bank VTB (Armenia) closed joint stock company became a member of VTB financial group in April 2004. The second biggest Russian bank, Bank VTB ojsc is now the full owner of Bank VTB (Armenia). The bank is among leaders of Armenian banking system in a number of basic indicators. It currently has the biggest network in Armenia – 67 branch offices across the country. –0—

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