Tweet
BANK VTB (ARMENIA) REGISTERS INCREASE OF APPLICATION FOR MORTGAGE LOANS FOR YOUNG SCIENTISTS
/ARKA/
August 11, 2011
YEREVAN
Starting from July 2011 a significant flow of applications for
mortgage loans in the frames of the program "Available apartments to
young scientists and members of art unions" is observed in Bank VTB
(Armenia).
"Bank VTB (Armenia)" was recognized the winner of the tender announced
at the beginning of 2011 by the NGO "Unification of Yerevan State
University graduates" on the provision of mortgage loans to the
participants of social program "Available apartments to young
scientists and members of art unions" by favorable conditions.
"Mortgage loan in the frames of the program "Available apartments
to young scientists and members of art unions" is very popular among
the clients of the bank. At this stage, "Bank VTB (Armenia)" accepts
preliminary decision on the provision of the credit. Despite the
fact that the credit itself will be provided in 20% readiness of the
construction of the building, the Bank has already approved a number
of applications, said Director of Development of retail Business of
the bank Artak Khachatryan.
In the frames of the agreement, "Bank VTB (Armenia)" provides mortgage
loans with annual percent rate of 9.5% with the redemption date of
10-20 and minimum pre-payment from 20%. The given apartment serves
a pledge for the loan.
The applications are considered by the list of program participants
defined by the NGO "Unification of Yerevan State University graduates".
It is envisaged to build multi-apartment and multi-functional building
in Yerevan, 8 Str. Paruyr Sevak (near the Institute of Organic
Chemistry of the National Academy of Sciences of Armenia named after
A.L. Mnjoyan). The apartments will be provided to the young scientists
of the Academy of Sciences and creative workers of Armenia (writers,
artists and actors) by lower market prices.
CJSC "Bank VTB (Armenia)" became participant of international financial
group VTB in April 2004. Currently it is the second largest in Russia,
VTB Bank (CJSC) owning 100% of shares of "Bank VTB (Armenia)". The
Bank is traditionally among the leaders of the banking system of
Armenia by a number of key indicators. The Bank now owns the largest
branch network in the country - 68 branches.
From: Baghdasarian
/ARKA/
August 11, 2011
YEREVAN
Starting from July 2011 a significant flow of applications for
mortgage loans in the frames of the program "Available apartments to
young scientists and members of art unions" is observed in Bank VTB
(Armenia).
"Bank VTB (Armenia)" was recognized the winner of the tender announced
at the beginning of 2011 by the NGO "Unification of Yerevan State
University graduates" on the provision of mortgage loans to the
participants of social program "Available apartments to young
scientists and members of art unions" by favorable conditions.
"Mortgage loan in the frames of the program "Available apartments
to young scientists and members of art unions" is very popular among
the clients of the bank. At this stage, "Bank VTB (Armenia)" accepts
preliminary decision on the provision of the credit. Despite the
fact that the credit itself will be provided in 20% readiness of the
construction of the building, the Bank has already approved a number
of applications, said Director of Development of retail Business of
the bank Artak Khachatryan.
In the frames of the agreement, "Bank VTB (Armenia)" provides mortgage
loans with annual percent rate of 9.5% with the redemption date of
10-20 and minimum pre-payment from 20%. The given apartment serves
a pledge for the loan.
The applications are considered by the list of program participants
defined by the NGO "Unification of Yerevan State University graduates".
It is envisaged to build multi-apartment and multi-functional building
in Yerevan, 8 Str. Paruyr Sevak (near the Institute of Organic
Chemistry of the National Academy of Sciences of Armenia named after
A.L. Mnjoyan). The apartments will be provided to the young scientists
of the Academy of Sciences and creative workers of Armenia (writers,
artists and actors) by lower market prices.
CJSC "Bank VTB (Armenia)" became participant of international financial
group VTB in April 2004. Currently it is the second largest in Russia,
VTB Bank (CJSC) owning 100% of shares of "Bank VTB (Armenia)". The
Bank is traditionally among the leaders of the banking system of
Armenia by a number of key indicators. The Bank now owns the largest
branch network in the country - 68 branches.
From: Baghdasarian