17.09.2015 17:26
YEREVAN, September 17. / ARKA /. VTB Bank (Armenia) has unveiled today a new product designed for redemption of loans.
According to a bank’s press release, customers of VTB Bank (Armenia) can use this product to pay off one or more loans taken from other banks or credit organizations by obtaining a single unsecured loan from VTB Bank (Armenia), thus optimizing their monthly payments on several loans. The bank said also the amount of the single loan may be more than the total amount of the loans taken from other banks.
"Redemption of loans will allow customers to have a single loan repayment schedule and make monthly payments through 65 bank branches throughout Armenia, more than 1500 TelSel payment terminals and via Internet banking. The product is designed to assist customers in managing their loans, the Russian-owned bank said.
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