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Bank VTB (Armenia) registers increase of application for mortgage loans for young scientists

12.08.2011 14:37

Bank VTB (Armenia) registers increase of application for mortgage loans for young scientists

YEREVAN, August 12. /ARKA/. Starting from July 2011 a significant flow of applications for mortgage loans in the frames of the program “Available apartments to young scientists and members of art unions” is observed in Bank VTB (Armenia).

“Bank VTB (Armenia)” was recognized the winner of the tender announced at the beginning of 2011 by the NGO “Unification of Yerevan State University graduates” on the provision of mortgage loans to the participants of social program “Available apartments to young scientists and members of art unions” by favorable conditions.

“Mortgage loan in the frames of the program “Available apartments to young scientists and members of art unions” is very popular among the clients of the bank. At this stage, “Bank VTB (Armenia)” accepts preliminary decision on the provision of the credit. Despite the fact that the credit itself will be provided in 20% readiness of the construction of the building, the Bank has already approved a number of applications, said Director of Development of retail Business of the bank Artak Khachatryan.

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