Bank VTB (Armenia) CEO to speak about its five-year operation in Armenia

YEREVAN, May 17, /ARKA/. On Wednesday, May 18, the international press center Novostri-Armenia will host Valery Ovsyanikov, CEO of Bank VTB (Armenia) for a news conference. Mr. Ovsyanikov will speak about the bank’s five-year record of performance in Armenia and its financial indicators in 2010 and the first quarter of 2011. The news conference is scheduled at 12. pm. -0-

spot_img

POPULAR

Inflation in Armenia rose in April amid tensions due to the Middle East conflict and in supply chains – WB

Inflation in Armenia continued to rise in April amid tensions due to the Middle East conflict and in supply chains, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

In Armenia, commercial bank deposits grew by 2.2% and lending by 1.6% in March — World Bank

In March, commercial bank deposits increased by 2.2% (MoM), while lending grew by 1.6% (MoM), according to the World Bank's "Armenia Monthly Economic Update – May 2026."

Armenia’s relevant committee approved an increase in the dividend tax for bank shareholders to 15%

At its meeting on Tuesday, the Armenian National Assembly's Committee on Economic Affairs approved draft amendments to the RA Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

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

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 19, 2026, rose by 0.17 points compared to May 18, to 368.21 drams.

LATEST NEWS

spot_imgspot_imgspot_img