VTB Bank (Armenia) sponsors fountain reconstruction in Yerevan downtown

YEREVAN, July 27. /ARKA/. VTB Bank (Armenia) said Thursday it had sponsored one of Yerevan Municipality’s projects- reconstruction of the fountain in Yerevan downtown
An official opening ceremony of the reconstructed fountain after Karen Demirchyan adjacent to the central Mesrop Mashtots Avenue was held on Wedneday.
Deputy Mayor of Yerevan Kamo Areyan, as well as representatives of Municipality, state structures and VTB Bank (Armenia) administration were present at the event.
According to the source, VTB Bank (Armenia) welcomes any initiative directed to improving the city’s infrastructure.
“We are happy to get involved into social programs. This time VTB Bank (Armenia) implemented the program of reconstructing one of Yerevan’s fountains. VTB Bank (Armenia) was pleased to get involved into this program as it contributed to the initiative of Municipality offering to Yerevanis and the capital’s guests another beautiful place in our ancient and always young Yerevan. I am confident the cooperation between the Municipality and our bank will continue expanding demonstrating efficient results to the city and the residents,” Acting General Director – Chairman of the Board of Directors at VTB Bank (Armenia) Yuri Gusev said in a statement.
VTB Bank Armenia joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). It has the largest branch network in the country – 68.It has the largest branch network in the country – 68.-0–

YEREVAN, July 27. /ARKA/. VTB Bank (Armenia) said Thursday it had sponsored one of Yerevan Municipality’s projects- reconstruction of the fountain in Yerevan downtown.

An official opening ceremony of the reconstructed fountain after Karen Demirchyan adjacent to the central Mesrop Mashtots Avenue was held on Wedneday.

Deputy Mayor of Yerevan Kamo Areyan, as well as representatives of Municipality, state structures and VTB Bank (Armenia) administration were present at the event.

According to the source, VTB Bank (Armenia) welcomes any initiative directed to improving the city’s infrastructure.

“We are happy to get involved into social programs. This time VTB Bank (Armenia) implemented the program of reconstructing one of Yerevan’s fountains. VTB Bank (Armenia) was pleased to get involved into this program as it contributed to the initiative of Municipality offering to Yerevanis and the capital’s guests another beautiful place in our ancient and always young Yerevan. I am confident the cooperation between the Municipality and our bank will continue expanding demonstrating efficient results to the city and the residents,” Acting General Director – Chairman of the Board of Directors at VTB Bank (Armenia) Yuri Gusev said in a statement.

VTB Bank Armenia joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). It has the largest branch network in the country – 68.It has the largest branch network in the country – 68.-0–

spot_img

POPULAR

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

LATEST NEWS

spot_imgspot_imgspot_img