VTB Bank (Armenia) Pays Special Attention to Upgrading Skills of Managers

YEREVAN, September 27. /ARKA/. VTB Bank (Armenia) pays special attention to upgrading skills of its mid-level managers and training young specialists, the bank’s press office reported on Monday.

The bank’s mid-level managers can take classes in the VTB Corporate University that was established in 2005 in Moscow.

Some 29 graduation theses of attendees of the fifth intake of the university were defended in September 2010 as part of the 2009-2010 Leadership Energy Program.

Commissions of experts singled out some theses, including the work of Vardui Davtyan, chief of the operational risks division of VTB Bank (Armenia), for their quality and practical significance.

“Six employees of VTB Bank (Armenia) graduated from the VTB Corporate University throughout five years,” Valery Ovsyannikov, director general and chairman of the bank’s directorial board said. “We will continue training our personnel and will do whatever necessary to upgrade skills of mid-level managers, since skilled specialists and new ideas are among the key factors propelling our bank’s development.”
VTB Bank (Armenia) CJSC became a member of VTB Group in April 2004.

Now VTB OJSC, the second largest bank in Russia, holds 100% of the shares of VTB Bank (Armenia).
VTB Bank (Armenia) is reckoned among leaders in Armenian banking system for some general indicators.

The bank has 68 branches – the biggest branch network in the country.-0—

spot_img

POPULAR

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Central Bank of Armenia has kept the refinancing rate unchanged at 6.5% for the sixth consecutive time

At its meeting on August 4, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the sixth consecutive time, the regulator's press service reported.

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

LATEST NEWS

spot_imgspot_imgspot_img