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VTB Bank (Armenia) unveils new loan refinancing program

04.05.2018 11:22

VTB Bank (Armenia) unveils new loan refinancing program

YEREVAN, May 4 /ARKA/. VTB Bank (Armenia) has unveiled today a new loan refinancing program, designed to help its customers reduce their monthly financial burden.

It said the customers who have one or more loans / lines of credit in other banks and credit organizations and who make monthly payments in due time may transfer their loans to VTB Bank (Armenia) by combining them into one loan.

According to a bank’s press release, the refinancing program provides an opportunity to lower the rate on the loan / to combine their monthly payments into one, increase the repayment term and also to receive an additional loan amount. It said the new refinancing program is for unsecured consumer loans, credit lines, POS loans and car loans. Loans are refinanced into unsecured consumer loan called Universal.

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