YEREVAN, August 27. /ARKA/. VTB Bank (Armenia), extending its cooperation with Beeline, has made a new offer to its clients who have card or bank accounts here.

While formalizing their postpaid fixed, mobile telecommunication and Internet services in Beeline offices, they may also formalize the bank’s standing payment order, the press office of VTB Bank (Armenia) reported on Wednesday.

This service will enable the bank’s clients to pay their monthly bills to Beeline without visiting offices – the bills will be automatically paid from their accounts every month on the day chosen by them.

For activation of this service it is necessary to fill an appropriate application form in Beeline offices indicating the number of the card or bank account in VTB Bank (Armenia), the chosen payment day and the services for which the client wants to pay automatically.

The clients will be informed, if they want, about the amount their bills via SMS sent by the bank.
VTB Bank (Armenia) CEO Yuri Gusev is quoted by the bank’s press office as saying that the development of remote service technologies makes it possible to use more rational and convenient ways of servicing clients.

He said the bank’s cooperation with ArmenTel is a part of its service improvement policy aimed at saving time for clients.

Beeline CEO in Armenia Andrey Pyatakhin, on his side, said the company, guided by “Simple and Convenient Service for You”, is trying to simplify the usage of Beeline services.

“Therefore, we are expanding cooperation with our partners and we are glad that our joint efforts with VTB Bank (Armenia) make payment for Beeline services more convenient, since the automated SMS system will inform clients about their bills on time,” he said.

To enjoy this service, individuals should submit their passports and indicate numbers of their bank or card accounts.

All those wanting to have additional information may call to the bank’s reference service by dialing 87 87 or visit its official website. Additional information is also available in Beeline outlets.

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 reckoned among flagship banks.

The bank’s assets totaled AMD 312.5 billion in late July and liabilities 268.5 billion. Its loan portfolio amounted to AMD 230.3 billion and capital to AMD 44 billion. The bank’s 2nd Q 2014 net loss amounted to AMD 664.5 million – 1.4 times less than in the 2nd Q 2013.

ArmenTel CJSC, a subsidiary of Russian VimpelCom (trading as Beeline), provides fixed and mobile telecommunication services (about 650,000 and more than 780,000 subscribers respectively) and a high-speed access to Internet. ($1- AMD 410.2) -0---