YEREVAN, February 21. /ARKA/. VTB Bank (Armenia) has an office in Yerevan Mall trade and entertainment center that opened on Friday, the bank's press office reports.

The press office says people can formalize loans and get advisory services here, and this will relieve them from the necessity of visiting the bank.

VTB Bank (Armenia) has 613 points for formalizing installment purchase loans in the country and is among this market’s leaders.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank (Armenia) has 69 branches all over Armenia’s territory - the largest branch network in the country. VTB Bank (Armenia) is traditionally reckoned among leaders for general indicators. -0---