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VTB Bank (Armenia) finances Autotech LLC as part of documentary operations

10.03.2021 17:00

VTB Bank (Armenia) finances Autotech LLC as part of documentary operations

YEREVAN, March 10. /ARKA/. VTB Bank (Armenia) and AUTOTECH company have been cooperating since 2019 in the framework of settlement and cash services. Since 2020, the bank has twice financed the company within the framework of trade finance operations acting as a guarantor of the company's contractual obligations before its counterparties.

As one of the leading companies in the local market providing car repair and maintenance services for over 9 years, AUTOTECH LLC actively participates in both government and private tenders for the delivery of comprehensive maintenance and vehicle repair service, VTB Bank (Armenia) press service said in a press release today.

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