YEREVAN, January 10. /ARKA/. VTB Bank (Armenia) clients, making shopping in the bank’s partner trade centers, will enjoy the opportunity of formalizing installment loans on beneficial conditions, the press office of the bank reported on Tuesday.

The bank clients can have up to AMD 1.5 million for 60 months at zero interest rate and zero prepayment.

The monthly service fee is equal to 1.39% of the amount lent.

VTB Bank (Armenia) clients can purchase mobile phones, electric household supplies, furniture, construction materials etc by installment.

Individuals who are residents of Armenia at the age above 21 may apply for such loans.

The loans are formalized in a few minutes right in shops. Only passports and social cards are needed for that.

To get detailed information one can visit the bank’s offices or its website www.vtb.am. One can also call 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. ($1 – AMD 484.93). --0---