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VTB Bank (Armenia) refunds part of interest to faithful customers

31.07.2015 17:56

VTB Bank (Armenia) refunds part of interest to  faithful customers

YEREVAN, July 31. / ARKA /. About 1,000 customers of VTB Bank (Armenia), who had made their installment repayments in good faith, were refunded part of interest as part of "Super Rate» service, effective specifically for "loan installment" service, the bank said today in a press release.

"Getting connected to ‘Super Rate’ service free of charge and making timely installment repayments during the entire loan period (minimum 6 months) at VTB Bank (Armenia), the customers, after the full repayment of the debt, automatically get back 10% of the amount paid as interest," the bank said.

The number of past due payments days should not exceed 7 calendar days for the entire term of the loan. In recent months the bank has already paid  more than 2 million drams to such borrowers.

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