YEREVAN, May 8. /ARKA/. VTB Bank (Armenia) has a new offer for pensioners - the Credit Line for Pensioners at better terms, the bank’s press office reported on Tuesday.

The bank offers the credit line for no annual interest rate (effective annual interest rate is 19.5%) and a simplified repayment mechanism.

The Credit Line for Pensioners is provided to the pension cards. Pensioners under 78 are eligible to receive the credit line.

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VTB Bank (Armenia) offers a new product to pensioners – ‘The Credit Line for Pensioners’ at zero interest rate

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Bank VTB (Armenia) serves about 50 thousand pensioners, of which 12 thousand are served by the cards, said General Director, Chairman of Directorate of the Bank VTB (Armenia) Valeri Ovsyannikov

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BTA Bank (Armenia) begins issuing free plastic cards to Armenian pensioners.

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