VTB bank (Armenia) annuls loan obligations of killed servicemen

VTB Bank (Armenia) has decided to annul loan obligations of those Armenian servicemen who were killed or went missing in the latest upsurge in violence in Nagorno-Karabakh.

YEREVAN, April 8. /ARKA/. VTB Bank (Armenia) has decided to annul loan obligations of those Armenian servicemen who were killed or went missing in the latest upsurge in violence in Nagorno-Karabakh. The bank said it is the least they could do to alleviate the grief of their families.

"We mourn with the families of the victims and do everything possible to support and facilitate their financial burden," it said in a statement.

VTB Bank (Armenia) did not plan to publicize this information, since the theme is  very painful, "and we believe that this is the least we can do for the defenders of the Motherland, but given the numerous requests from the media, we chose to make an official statement," the statement says.

VTB Bank (Armenia) is entirely owned by Russian VTB.  It has the largest network of branches in Armenia -67.