YEREVAN, April 12. /ARKA/. VTB Bank (Armenia) has a special offer for traffic police officers, the press office of the bank reported on Wednesday.

The bank offers them preferential loans at the interest rates starting from 14.5% and a credit line from 11.5%.

The loan limit depends on the traffic police officers’ positions and the maximum reaches AMD 4 million (about $8,200). The credit line is provided for three years and consumer loans for five years.

The decision-making process takes within 1.5 working days or even faster.

To receive a loan it is necessary to submit an identification paper and a social card.
In addition, VTB Bank (Armenia) provides payroll cards as well as SMS and Internet banking to traffic police officers for free.

Such cardholders may add cash to their cards if they have 3% in AMD or 2% in USD on their balances.

They may also make shopping and transfer credits from other banks.

More detailed information is available at any branch of VTB Bank (Armenia). The bank’s centralized information office’s telephone number is 87-87.

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 67 branches all over Armenia’s territory - the largest branch network in the country. VTB Bank (Armenia) is reckoned among leaders for general indicators. --0---