Tue, 17 June
13.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Bank VTB (Armenia) Supports Pan-Armenian Games In Armenia

YEREVAN, August 10. /ARKA/. Bank VTB (Armenia) provides financial support to the conduction of the Fifth Pan-Armenian games in Armenia.

The games will take place on August 13-21 by 10 types of sport with participation of a great number of sportsmen – 3 thousand people from 100 countries of the world. The official ceremony of lighting the torch of the games took place on August 2 in Karabakh cathedral of St. Hovhannes in Gandzasar.

Bank VTB (Armenia) highly appreciates conduction of such events targeted at the unification of youth of Armenia and Diaspora.

“Welcoming such events, Bank VTB (Armenia) expresses hope that Pan-Armenian games will continue in future and wishes success to all the sportsmen”, states the message.

Bank VTB (Armenia) became a participant of international financial group of VTB in April 2004. Currently, the second largest bank in Russia possesses 100% shares of Bank VTB (Armenia).

The Bank is included in the group of leaders of the banking system of Armenia by a number of main indicators. At present, the Bank has the largest branch network in the country – 68 branches.–0–

spot_img

POPULAR

CBA introduces Master Documentation for Derivatives and Repurchase Transactions in Armenia

The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.

Central Bank of Armenia will develop a by-law for the implementation of the law “On crypto assets”

The Central Bank of Armenia will begin work on developing a by-law after the adoption of the law "On crypto assets", said the head of the regulator Martin Galstyan, answering a question from the ARKA news agency.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro to Armenian dram exchange rate fell by 3.77 points

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 13, 2025, fell by 0.25 points compared to June 12 and amounted to 383.23 drams.

Armenia’s banking system dominates the financial system’s asset structure with a share of 83% and an indicator of 11 trillion drams – head of...

The assets of the banking system continue to make up the overwhelming majority of the financial system's assets - about 83%, or about 11 trillion drams, said the head of the Central Bank of the republic Martin Galstyan, presenting a report on financial stability for the past year.

LATEST NEWS

spot_imgspot_imgspot_img