VTB Bank Armenia introduces credit cards with grace period of lendingNovember 15, 2010 - 15:58 AMT PanARMENIAN.Net - From November 15, VTB Bank Armenia CJSC offers individuals a new product - Visa Classic credit and Visa Gold credit cards. The credit cards are a new level of financial freedom and provide clients with the opportunity to get grace period of lending, the bank press service reported. From now on cardholders of VTB Bank Armenia can use a credit line for free for a certain period. The credit cards of the bank with a grace period of lending can be used not only as a free credit, but also as a convenient and safe means of daily payments. The credit cards are provided to people with a stable income. “This is the first step for modernization of card products, the development of which we consider to be of strategic importance for the bank,” said Director of the Department of Retail Business Development at VTB Bank Armenia CJSC Khachatryan. According to him, credit lines are provided in any currency (AMD, USD, EUR, RUR). Besides, clients are provided with the opportunity to get three additional cards and receive discounts at around 200 shops. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |