Yerevan resident wins VTB Bank (Armenia) prize

YEREVAN, October 10. / ARKA /. A Yerevan resident, Sergey Abovian, has won a special prize – a trip for two to Greece- announced by VTB Bank (Armenia). The drawing was for Visa cardholders of the bank who participated in a special offer called Summer with VTB conducted from June 15 to September 15, 2012.

The offer applied to all who would pay for a good or a service in Armenia or outside it during that time span by using his or her Visa card. The amount of the payment was not important. Overall, some 100 prizes were drawn for the most active holders of Visa VTB Bank (Armenia) cards, who had collected the highest number of scores. The prizes included 50 certificates for the purchase of the bank’s services at preferential terms.

An analysis of the results of the offer showed that the greatest number of transactions by using Visa cards were made in supermarkets, followed by clothes and electronic appliances stores. Also a significant increase in payments via Internet was recorded.

VTB Bank (Armenia) acting CEO, Yuri Gusev was quoted in a press release as saying that the bank pays much attention to boosting transactions by using payment cards because they are one of the most technologically advanced and easy products. Gusev recalled that the winner of winter with VTB special offer was provided with a free trip to the United Arab Emirates.
During the three months that the  Summer with VTB was effective the number of  non-cash transactions made by using Visa VTB Bank (Armenia) cards  increased by approximately 80%, while the  turnover  increased by 40% compared to the same period of 2011.  About 6000 purchase transactions were made daily by Visa cards throughout the offer time.

VTB Bank (Armenia) is fully owned by Russian VTB Bank. It runs 69 branches in Armenia, more than any other bank. -0-

spot_img

POPULAR

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 7, 2026, remained unchanged at 367.47 drams.

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img