YEREVAN, May 17. /ARKA/. In the run-up to the summer season, VTB Bank (Armenia) has downed nominal and effective interest rates on credit lines and consumer loans “Universal” – starting from 12.5% and from 13.5% respectively, the bank’s press office reported on Wednesday.

Formalizing their consumer loans in VTB Bank (Armenia), the bank’s clients save not only their money, but also their time, since the decision-making process takes one working day, on average, and those clients receiving their salaries through VTB Bank (Armenia) will have their loans formalized immediately.

More detailed information is available in any branch of the bank, on its website www.vtb.am. One can also call 87-87 for that.

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---