Yerevan/Mediamax/. VTB Bank (Armenia) announced new and more beneficial terms for \"Now!\" loan meant for private entrepreneurs.

In particular, the sum of the non-mortgage loan launched back in early April of 2012 is increased by AMD 3mln and the term is prolonged up to 24 months. Besides, the commission for granting the loan is decreased.

\"Now!\" automated system of making loan decisions will allow customers to get response on applications for loans at the amount of up to AMD 15mln for maximum short period of time - within 8 hours.

To get the borrowed funds, the customer should just submit a package of necessary documents and fill out the application form for the loan mentioning indices of his current business.

\"The introduction of the product is aimed at catering to demands of customers - to be granted a loan on profitable terms, in maximum short period of time for considering/ confirming the loan application and facilitated package of documents. Working in this direction, the bank will keep improving its products and services meant for small enterprise customers optimizing their conditions, procedures/terms of granting etc\", noted acting General Director, Chairman of the Board of Directors of VTB Bank (Armenia) Yuri Gusev.