Tue, 13 May
16.1 C
Yerevan
USD: 388.86 RUB: 4.80 EUR: 430.74 GEL: 141.89 GBP: 511.04
spot_img

Bank VTB (Armenia) customer awarded 200,000 drams win

YEREVAN, January 27, /ARKA/. Robert Melik-Sahakian, a customer of Bank VTB (Armenia), was awarded Wednesday a 200,000 Drams (over $550) win. He was recognized winner of a special offer conducted by the bank together with MoneyGram money transfer systems that started September 1, 2010 and ran up to December 31.

According to Bank VTB (Armenia), 9,000 people took part in the offer. Artak Khachatrian, head of a bank department in charge of retail businesses, told journalists after the win awarding ceremony that it was the first and so far the only win. Artak Khachatrian praised the MoneyGram system for cooperation that ‘allows us to make pleasant surprises to our customers.‘ He said Bank VTB (Armenia) plans to establish similar cooperation with four more money transfer systems this year.

Bank VTB (Armenia) and MoneyGram began cooperating in 2009. Bank VTB (Armenia) is owned fully by Russia’s second largest VTB Bank. It boats the largest chain of 68 branches in Armenia.  -0-

spot_img

POPULAR

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q1 2025 increased by 32.4% to AMD 6.424 billion

The loan portfolio of the Armenian banking system, net of reserves, increased by 32.4% in the first quarter of 2025 compared to the same period last year, amounting to AMD 6.424 billion.

Market capitalization increased by 39% in April over the year, exceeding AMD 462 billion – Armenian Stock Exchange

Stock market capitalization increased by 39% in April over the year, exceeding AMD 462 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

LATEST NEWS

spot_imgspot_imgspot_img