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VTB Bank (Armenia) announces new year loan offer

19.12.2018 17:26

VTB Bank (Armenia) announces new year loan offer

YEREVAN, December 19. /ARKA/. In tune with its strategy of providing loans on the best terms, the VTB Bank (Armenia) has announced today a New Year lending campaign with lower effective interest rates, saying in a press release that the loans are to be secured by gold items.

The bank said the nominal annual interest rate starts from 0%, the loan amount is up to 150% of the estimated value of the gold items, the loan repayment period is up to 2 years, while the loan repayment manner is chosen by the client.

Besides, VTB Bank (Armenia) has a special offer for refinanced Lombard loans. By relocating loans from other banks or credit organizations to VTB Bank (Armenia) against the pledge of gold items, customers will be able to seek a loan 40% more from the estimated value of the pledge.

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Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

12.12.2018 18:20

Unibank’s credit conveyor processes micro businesses’ loan applications in minutes.

Unibank’s automated processing of applications for unsecured loans to the tune of up to 2 million drams sought by microbusiness allows it to make loan decisions in minutes

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VTB Bank (Armenia) launches its annual loan campaign ahead of New Year holidays

06.12.2018 15:03

VTB Bank (Armenia) launches its annual loan campaign ahead of New Year holidays

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’

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ADB loan to further enhance financial markets, public efficiency in Armenia

16.11.2018 12:12

ADB loan to further enhance financial markets, public efficiency in Armenia

The Asian Development Bank (ADB) said today it has approved a $50 million policy-based loan as part of an ongoing program of financial reforms to strengthen public debt and fiscal risk management and develop financial markets in Armenia

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Moody’s: loan concentration remain high at CIS banks, a negative for lenders

20.09.2018 18:08

Moody’s: loan concentration remain high at CIS banks, a negative for lenders

Loan books and deposit bases at banks in Russia and other members of the Commonwealth of Independent States (CIS) will continue to be highly concentrated on a small group of large corporates

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VTB Bank (Armenia) launches mortgage loan refinancing / repurchasing program

03.09.2018 17:16

VTB Bank (Armenia) launches mortgage loan refinancing / repurchasing program

The Yerevan-based VTB Bank (Armenia) said today it has launched a new program designed for refinancing / repurchasing mortgage loans from other banks and credit institutions

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Unibank offers new loan Solar Energy to SMEs

19.07.2018 13:20

Unibank offers new loan Solar Energy to SMEs

Unibank, in partnership with Stiegen, renewable energy company, offers a new loan called Solar Energy, the bank’s press office reported on Thursday

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Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

11.07.2018 17:33

Eurasian development bank and Armenian Araratbank sign $6 million loan agreement

The Yerevan-based Araratbank and the Eurasian Development Bank (EDB) signed a $6 million loan agreement today. The loan will be on-lent as micro loans to small and medium-sized businesses in Armenia

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Armenian banks’ loan loss reserves grew by 37 percent in quarter one, 2018

21.05.2018 18:01

Armenian banks’ loan loss reserves grew by 37 percent in quarter one, 2018

Armenian banks’ loan loss reserves in the first quarter of 2018 amounted to 140.8 billion drams, an increase of 37% or 38.1 billion drams when compared to the same period last year

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ADB loan, equity to Ameriabank to help promote financial inclusion in Armenia

07.05.2018 15:28

ADB loan, equity to Ameriabank to help promote financial inclusion in Armenia

The Asian Development Bank (ADB) and Ameriabank CJSC (AMB) signed an agreement for an equity investment equivalent of $30 million to strengthen Armenia’s banking sector and further promote financial inclusion in the country

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