YEREVAN, November 30. /ARKA/. Converse Bank said today it has improved the terms of mortgage lending with its own resources and has implemented new tools.

“On the occasion of its 25th anniversary, Converse Bank offers its clients loans for purchase, construction and renovation of real estate on unprecedented terms and conditions. Namely, customers will now have the opportunity to “take a leave” from mortgage loan repayment once a year, postponing the next installment. This is an important new opportunity, owing to which, in case of a temporary change in financial flows (vacation, etc.) our customers may defer the regular installment without having to face financial problems”, the Bank said in a press release.

Simultaneously, interest rates on mortgage lending have been reduced and the amount of the fee charged for issuance of several loan products and the loan maturity has been revised. Besides, in case of loans issued for buying apartments in Yerevan, the customer will be offered the opportunity of getting a grace period up to 12 months.

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Converse Bank started lending within the framework of the “State Assistance Program on Financial Leasing of Agricultural Equipment in the Republic of Armenia”, the press office of Converse Bank reported on Friday

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Every depositor strives to choose a deposit with a high interest rate, reliability and additional benefits. Bank deposits are not only a way to keep savings, but also a way to multiply them, Unibank said in a press release today

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Converse Bank is launching a new deposit “Converse 25” on the occasion of the Bank’s 25th anniversary. This is a unique type of deposit in the banking system; in case of its early termination, depositors are not deprived of the accrued interest amount, the bank said in a press release

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To stimulate non-cash payments in Armenia, and in view of the growing demand for Internet purchases, VTB Bank (Armenia) has launched an online acquiring service designed for private entrepreneurs

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As part of its strategy to expand the range of remote services, the Yerevan-based VTB Bank (Armenia) has unveiled today new services – ordering a callback from the bank, ordering a reference or an account statement and automatic checking one’s card account balance

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On Paruyr Sevak Street in Yerevan, the capital city of Armenia, there has risen a pretty new building with comfortable flats- a high-rise block of flats №51/2

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To maximize the terms and increase the profitability of its depositors, VTB Bank (Armenia) has raised interest rates on deposits in Armenia’s national currency, the dram, to 10% placed at least for a period of 12 months, the Russian-owned bank said in a news release today

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VTB Bank (Armenia) has unveiled today a new offer it has designed specifically for the clients who are provided with car loans by other banks and credit organizations saying that it can refinance these loans

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VTB Bank (Armenia), remaining stuck to its strategy of providing loans to clients at the best terms, offers gold-secured loans at low interest rates and with the increased limit, the bank’s press office reports

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