VTB Bank (Armenia), expanding its list of credit products, offers a new program, "Car Loan Purchase", designed for customers with car loans in other banks and credit organizations.

The new product enables customers with positive credit history to transfer their car loans to VTB Bank (Armenia) on improved terms simplifying monthly loan load.

Loans are purchased in the form of a Car Loan product, ranging at 13.5% with a maturity period of to 60 months. At the time of car purchase, the must not be older than 10 years from the date of production.

One of the obvious benefits of purchasing car loans from VTB Bank (Armenia) is that:

- It is not necessary to use an independent appraiser for car evaluation. The Bank performs car assessment free of charge.

- During the whole period of the loan, the Bank carries out car insurance of the borrower (Casco Insurance).

The car purchase decision is made in a few minutes, for which a personal identification document and social card are required (public service number).

More detailed information on credit refinancing at VTB Bank (Armenia) can be found at www.vtb.am or by calling 87-87 Unified Information Center.

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