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

Central Bank of Armenia is discussing the creation of a guarantee fund for small business lending with the Ministry of Economy and the World...

The Central Bank of Armenia, together with the Ministry of Economy and partners from the World Bank, is discussing a mechanism for providing partial guarantees for small and micro businesses through a special guarantee fund.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Euro to Armenian dram exchange rate continued to decline, 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 14, 2026, rose by 0.15 points compared to May 13, to 368.78 drams.

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Deposits in Armenian commercial banks exceeded 7.5 trillion drams at the end of March

Deposits in commercial banks in Armenia at the end of March 2026 amounted to 7,581,163 million drams, compared to 7,418,404 million drams in February. This is according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img