YEREVAN, December 5. /ARKA/. VTB Bank (Armenia), in an effort to ease their financial burden connected with New Year expenses, offers again its usual annual product ‘New Year Loan’, which allows borrowers to formalize a consumer loan at a super low interest rate, the bank’s press office reported on Wednesday.

The bank says in its press release that time for pre-holiday fuss and shopping is coming up.

VTB Bank (Armenia) has set a nine-percent interest rate (effective rate starting from 13.5%) for all categories of clients for the first three months after formalization of loans and upon the expiry of three months the rate will be changed automatically to the usual interest rates in different client segments (starting from 12%).

The offer is in force until January 31, 2019. It is addressed to all clients wanting to take consumer loans not secured by property.

No matter where applicants work and via which bank they receive their salaries.

Additional information can be received in the bank’s branches, on www.vtb.am website and by calling 87-87.

VTB Bank Armenia 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 leaders for general indicators. -0---