Yerevan /Mediamax/. New branch of “ProCredit Bank” opened in Yerevan on Mashtots Avenue##.

Mediamax reports that the new branch became the third one of all branches in Armenia, and the second in Yerevan. On July 15, a new branch of the bank opened in Vanadzor.

Speaking at the branch opening ceremony today, General Director of “ProCredit Bank” Bertolt Hertzfeldt stated that “by expanding the branch network, we strive to become a bank, which is close to the customer”.

Deputy Chairman of the Central Bank (CB) of Armenia Vache Gabrielyan, who was present at the ceremony, noted that the credit portfolio of “ProCredit Bank” already exceeds 4bln drams, and the significant part of the credits is issued to individuals.