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.

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on VTB Bank (Armenia) announces new year loan offer

Tags: LOAN, New Year, offer, VTB Bank (Armenia)

Read more

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’

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on VTB Bank (Armenia) launches its annual loan campaign ahead of New Year holidays

Tags: campaign, LOAN, New Year, VTB Bank (Armenia)

Read more

The Eurasian Development Bank (EDB) is planning a New Year event for kids in Yerevan, the bank’s press office reported

Categories: Banks @en, General news, News, News of the hour | Comments Off on EDB initiates a social New Year event for kids in Yerevan

Tags: Armenia, EDB, New Year

Read more