October 22, 2009 - 12:24 AMT
VTB Bank Armenia decreased mortgage and automobile credit rates
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.