Yerevan/Mediamax/. “VTB Bank (Armenia)” announced reduction of interest rates for small enterprise crediting in AMD by 3-4%. Since November 15, 2010, and up till March 1, 2010, the bank will provide credits for small enterprises at the annual interest rate of 14%, if the borrower is registered or if the main activity of their business is located in Yerevan; and 13% interest rate is meant for borrowers from outside the capital. Credits are provided for the term of up to 5 years at the sum of 4-60mln AMD. According to “VTB Bank (Armenia)” standards, customers of small enterprise are private entrepreneurs and legal entities, the annual revenues of which do not exceed 1bln AMD. Tweet Views 14667