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

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Armbanks Weekly Digest: Key Events in Armenian Financial Market (March 9–14) 

The past week in the Armenian financial market was marked by discussions of capital market development prospects at a specialized international conference, regulatory initiatives from the Central Bank, and changes to the insurance system.

LATEST NEWS

spot_imgspot_imgspot_img