Bank VTB (Armenia) launches remote-control system for serving individuals’ SMS-banking accounts

YEREVAN, October 26. /ARKA/. Bank VTB (Armenia) has launched a remote-control system for serving individuals’ SMS-banking accounts, the bank’s press office told ARKA News Agency on Wednesday.

“Now all those individuals having accounts in Bank VTB (Armenia) who become connected to SMS-banking service get a unique opportunity to control their banking, plastic card, deposit and credit accounts through SMS coming to their mobile phone sets and to send inquiries about service of their cards,” the bank’s press release says.

Connection to SMS-banking service is provided for free.

Valery Ovsyannikov, director general and chairman of the bank’s directorial board, said that nowadays, when market relations develop very fast, a special attention is paid to usage of up-to-date technologies in everyday transactions.

“Bank VTB (Armenia), attaching special significance to enhancement of service effectiveness and introduction of newest bank services, tries to solve all the problems related to introduction and usage of the remote-control systems intending for serving accounts in the bank quickly and effectively,” the press office quoted Ovsyannikov as saying. “The launch of SMS-banking system is another step in this direction.”

Detailed information about the new service is available on www.vtb.am website. It is possible to get information also by calling 87-87.

VTB Bank Armenia is participant of VTB Group, Russia’s first financial group, and a 100-percent subsidiary of VTB, the second largest bank of Russia. VTB Bank (Armenia) has 68 branches all over Armenia’s territory.

VTB Bank (Armenia) is traditionally reckoned among the country’s leading banks for general indicators. -0-

spot_img

POPULAR

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

LATEST NEWS

spot_imgspot_imgspot_img