VTB Bank Armenia decreased mortgage and automobile credit rates

October 22, 2009 - 12:24 AMT
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.
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