Thu, 18 September
16.1 C
Yerevan
USD: 382.94 RUB: 4.61 EUR: 453.25 GEL: 141.01 GBP: 522.45

VTB Bank (Armenia) inaugurates renovated servicing hall

YEREVAN, July 3. / ARKA /. The Russian-owned VTB Bank (Armenia) has inaugurated today the renovated servicing hall at its head office in downtown Yerevan. Artak Khachatrian, head of retail banking division, said the Bank’s development strategy calls for a dramatic improvement of the quality of services. He said the renovated servicing all has a queue management system, as well as special negotiation rooms and VIP service zones.

Khachatrian said the Bank plans to remodel ten of its branches this way this year and the rest later.

According to acting chief executive officer of the Bank, Yuri Gusev, the main goal of investing into renovation of the branches and service points is to create comfortable conditions for serving customers.

Oleg Aghasian, Central Bank of Armenia Board member, said over the last five years the Bank reported annually a 30 percent rise in its assets portfolio and a 40 percent rise in credit portfolio.

He said the credit portfolio makes 75% of the total assets.

VTB Bank (Armenia) is owned fully by the second largest Russian VTB Bank. VTB Bank (Armenia) has 68 branches across Armenia. -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

LATEST NEWS

spot_imgspot_imgspot_img