Mon, 20 October
9.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Bank VTB (Armenia) Joins Zolotaya Korona Money Transfer System

YEREVAN, November 28. /ARKA/. Russian-owned Bank VTB (Armenia) has joined international Zolotaya Korona money transfer system, its press office told ARKA.

It said the bank’s clients can now send and receive money via this system from any of its 68 branches in Armenia and the head office both in Russian rubles, U.S. dollars and Euros at the lowest commission rates.

Bank VTB Armenia CEO, Valery Ovsyannikov, was quoted as saying that commissions begin with 0.5% for sending money from Russia and 1.5% for sending money from Armenia.

Zolotaya Korona is a system of instant money transfers without opening an account with more than 24,500 service offices in Russia and CIS countries, including more than 1,800 offices in Moscow. Its partners are more than 300 banks in Russia and the CIS and the largest Russian mobile retailers.

VTB Bank (Armenia) operates also money transfers systems Contact, Bystraya Pochta, Interexpress, Anelik, Migom, Blizko, RIA Money Transfer, which make it highly competitive in the market of banking services.

VTB Bank (Armenia) is a 100% subsidiary of Russian VTB Bank and hss the largest chain of branches in Armenia. –0—

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img