Tue, 8 July
16.1 C
Yerevan
USD: 384.11 RUB: 4.88 EUR: 450.45 GEL: 141.38 GBP: 522.39

VTB Bank (Armenia) re-opens three renovated branches in Armenia

YEREVAN, January 16. /ARKA/. Russian-owned VTB Bank (Armenia) said it re-opened Tuesday its three renovated branches—two in Yerevan, and one in Ashtarak.

Yuri Gusev, General Director – Chairman of the Board of Directors at VTB Bank (Armenia), and Vyacheslav Kovalenko, Russia’s Ambassador to Armenia, were present at Spandaryan and Erebuni branches re-opening ceremony in Yerevan. Vice- governor of Aragatsotn region Aram Arsenyan was present at the ceremony in Ashtarak.

“I think the network reformatting program launched last year will continue to be of the utmost importance for us. We are changing the face of the bank, and at the same time we are changing the bank itself. We aim for providing our customers with world high-quality banking services,” Gusev said at the ceremony.

There will be another service point in the newly repaired branch, and the customers will enjoy good services and access to VTB opportunities, he implied.

Gusev added the task of the bank is to create better banking services and to open broader access to the services for all residents of Armenia.

On his side, Ambassador Kovalenko highlighted the bank’s activity will grow with re-opening renovated Spandaryan branch. It will serve to interests of expanding cooperation between Russia and Armenia, according to him.

VTB Bank (Armenia) retail business development department chief Artak Khachatryan said at Erebuni branch re-opening 23 out of 67 branches of the bank had been already renovated, and this year the program is expected to cover the rest of branches.

Vice-governor of Aragatsotn region Aram Arsenyan expressed his hopes that re-opening of Ashtarak branch will foster better access to loans for farmers and producers that , in turn, will stimulate agricultural and industrial development.

The branches were modernized and equipped with the most modern technology, its interior was decorated within VTB Group brand design.

All renovated branches have installed a queuing system, customer service areas are divided by types of services and products, and separate zones for individual customer services are created.

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 – 67.—0–

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Armenia takes first step toward regulating crypto assets

On Thursday, the National Assembly of Armenia approved in the second and final reading a draft law On Crypto Assets and amendments to a number of related laws.

Unibank pays AMD 7.8 billion dividends to shareholders

Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.

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.

LATEST NEWS

spot_imgspot_imgspot_img