Beeline expands the possibility of buying devices on installment plan

YEREVAN, May 16. /ARKA/. ArmenTel telecom operator (trading as Beeline) announced today the start of cooperation with Inecobank in consumer crediting. The telecom operator said when buying phones, smartphones, tablets and other devices from Beeline's offices, several types of loans will be available to customers via Inecobank.

More precisely, loans may be granted for up to 36 months and an annual interest rate starting from 0%. The loan amount may vary from 30,000 to 1.5 million drams.

ArmenTel CEO Andrei Pyatakhin was quoted as saying in a press release that the company tries to offer its customers simple, understandable and profitable loan terms.

"To this end, we are constantly expanding our partner network and work to make sure that the terms of the loan are the most competitive and the loan processing is fast and convenient," said Pyatakhin.

According to ArmenTel, more than 4,500 requests for purchase of equipment on installment plan are sent from Beeline offices every month. Currently, customers may purchase goods by installment at Beeline’s offices through the following banks: Unibank, ACBA-CREDIT AGRICOLE BANK and Inecobank.

ArmenTel is a 100% a subsidiary of VimpelCom. It was acquired by the latter in 2007. ArmenTel provides fixed and mobile services. ($ 1 - 484.14 drams). -0-

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17:15 05/16/2017