VTB Bank (Armenia) opens renovated Shahumian branch

YEREVAN, September 14. / ARKA /. The Russian-owned VTB Bank (Armenia) has inaugurated today the renovated Shahumian branch in Malatia-Sebastia administrative district of Yerevan. The bank has improved also customer services and upgraded the equipment.

“Today we have made another step in repairing our branches. We implement this project together with VTB 24. Its goal is to make world-class retail business services available to residents of Yerevan,” the bank’s acting CEO, Yuri Gusev, was quoted as saying.

He also said another 20 branches will be renovated this year. “I hope that this will help improve the quality of banking services throughout Armenia”, Gusev said.

The head of the administrative district, David Ohanian, said this is the third renovated branch of the bank in the district.

The branch has installed a queuing system, customer service areas are divided by types of services and products and separate zones for individual customer services are createdt. VTB Bank (Armenia) is owned by Russian VTB . It has 68 branches across Armenia, more than any other bank. -0

spot_img

POPULAR

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

LATEST NEWS

spot_imgspot_imgspot_img