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VTB bank (Armenia) to launch new credit products this year

16.03.2016 18:42

VTB bank (Armenia) to launch new credit products this year

YEREVAN, March 16. /ARKA/. VTB Bank (Armenia) will launch this year a set of new unique credit products, the bank’s CEO Yuri Gusev said in an interview with ARKA.

In his words, this year is going to be quite difficult due to a string of unresolved issues in 2015, including the uncertain geopolitical situation in the region and, as a consequence, the economic downturn in the CIS countries and Georgia, a significant reduction of money transfers from Russia which is a significant source of income for Armenian households.

"Despite the difficult conditions, we continue offering our customers new and unique credit products, such as Lombard loans, consumer loans, POS loans and credit cards," he said.

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