22.02.2018 18:37
YEREVAN, February 22. /ARKA/. The retail business’s credit portfolio of the VTB Bank (Armenia) grew to 90 billion drams in 2017, Vladimir Verhoshinskyi, a member of the VTB Bank Management Board, said to a news conference today in Yerevan.
He said the portfolio of individual deposits grew to 115 billion drams, and the Loan to Deposits Ratio is very positive.
VTB Bank (Armenia) Retail Business Director Ivan Telegin explained that the loan portfolio should grow by 16% next year. "We predict that the market will grow by about 10%. This means that our growth will be higher, and the consumer lending will be significantly higher," he added.
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