VTB BANK ARMENIA DECREASED MORTGAGE AND AUTOMOBILE CREDIT RATES

/PanARMENIAN.Net/
22.10.2009 11:24 GMT+04:00

/PanARMENIAN.Net/ VTB Bank Armenia announced mortgage and automobile
credit rates decrease, as well as crediting process expedition,
bank’s press service reported.

Annual real estate credit rates decreased from 19,5% to 14%, automobile
credit rates -from 18% to 12%.

Due to updated retail credit management system, automobile credit
applications processing is completed within 3 working days and
automobile credit applications -within 5 days.