Yerevan /Mediamax/. Vanadzor branch will become a starting point for expansion of “ProCredit Bank” branch network## to the north of Armenia.

Executive Director of “ProCredit Bank” Bertolt Hertzfeldt said this in an interview to Mediamax today. He noted that the plans of the bank for the nearest future concerning the regions of Armenia include opening a branch in Gyumri.

“Territory is already purchased for a branch in Gyumri. At present, we are getting prepared for construction works, we also have to settle a number of issues with the local authorities. If everything goes as we have planned, the opening of Gyumri branch will take place already this year”, Bertolt Hertzfeldt stated.

According to him, the work of regional branches of “ProCredit Bank” will not differ from Yerevan offices: “here we will also offer credits, deposits, money transfers and payments to our customers”.

“Our further strategy includes gradual increase of the number and the quality of provided services and assistance to development of small and medium enterprise in the regions of Armenia”, Executive Director of “ProCredit Bank” stated.

He informed that cash-machines of “ProCredit Bank” will start functioning in Vanadzor in fall.

In the nearest 5 years, the bank plans to open branches in all marzes of Armenia.