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

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

Loan and leasing portfolio of Armenian credit institutions in the first half of 2026 amounted to 681.8 billion drams

YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.

Euro ups against Armenian dram, as  US dollar and Russian ruble fall

YEREVAN, August 10. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market, fell by 0.29 points on August 10, 2026, compared to August 7, to 365.88 drams.

Armenia to attract $150 million loan from ADB for budget support

At a meeting on Thursday, the Armenian government approved a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Market Development – ​​Subprogram 3" program.

Capital of Armenian credit institutions increased by 2.82% in the first half of 2026 compared to the beginning of the year, exceeding 467 billion...

The total capital of Armenian credit institutions in the first half of 2026 amounted to 467.14 billion drams, an increase of 1.99% compared to the end of the first quarter and 2.82% compared to the beginning of the current year.

LATEST NEWS

spot_imgspot_imgspot_img