VTB Bank (Armenia) offers mortgage loans up to 25 million drams at reduced rates
30.08.2017 13:23
![VTB Bank (Armenia) offers mortgage loans up to 25 million drams at reduced rates]( "VTB Bank (Armenia) offers mortgage loans up to 25 million drams at reduced rates")
YEREVAN, August 30. / ARKA /. VTB Bank (Armenia) said its clients can now claim mortgage loans up to 25 million drams for buying or building/repairing homes at 11.5% and 12.5% interest rates respectively.
Mortgage loans are available to both Armenian citizens and residents. The borrower's age at the time of receiving loan should not be less than 21 years, and it should not exceed the retirement age at the time of repayment.
To obtain a mortgage loan, VTB Bank (Armenia) requires a minimum package of documents. Preliminary decision on granting a loan is made as soon as possible – in 2 working days.
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08.02.2017 17:53
Interest rates on mortgage loans in Armenia are affordable and almost equal to those in other countries of the region, Nerses Yeritsyan, deputy chairman of the Central Bank of Armenia, said Tuesday in the National Assembly
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Average interest rate on mortgage loans in US dollar in Armenia decrease by 0.4 percentage points to 12.2%
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The average annual interest rate on mortgage loans in US dollar issued by Armenian banks in January 2013 decreased by 0.4 percentage points to 12.2%, when compared to 2012 December, the Central Bank of Armenia said in a statement, posted on its official website
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Average percent rate of mortgage loans in usd in January reduced to 12.4%
22.02.2012 21:50
Average percent rate of mortgage loans in usd in January reduced to 12.4%.
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