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VTB (Armenia) launches lending project in USD and Euros for entrepreneurs

01.12.2021 22:26

VTB (Armenia) launches lending project in USD and Euros for entrepreneurs

YEREVAN, December 1. /ARKA/. VTB (Armenia) has unveiled today a special project it has designed for entrepreneurs who can apply for loans in US dollars and euros with interest rates of 8.5% and 6.5% respectively.

The bank said small businesses operating in wholesale and retail trade, manufacturing, construction, services and other industries can apply. The borrowed funds can be channeled into investment projects, purchase of goods and raw materials, repayment of debts to contractors.

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