Yerevan /Mediamax/. Starting December 15, VTB Bank (Armenia) started accepting financial means from citizens on all types of term deposits functioning in the bank at new improved terms.

As Mediamax was told in the press service of VTB Bank (Armenia), a number of conditions changed on providing car and mortgage credits, in connection with which the potential borrowers are proposed to turn to the bank branches for additional information or use the information-inquiry service by 87-87 telephone number.

Commenting on new terms for attracting deposits, General Director of VTB Bank (Armenia) Valeri Ovsyannikov stated: “The process of democratizing the term deposit terms is conditioned by the program on developing and expanding the spectrum of retail services, by the real state of affairs in the financial market”. He also noted that the deposits on improved terms are meant for a wider target group: all individuals, both residents and non-residents can use those.