VTB Bank (Armenia) to reopen two renovated branches in Yeghegnadzor and Masis

YEREVAN, February 4. / ARKA /. The Russian-owned VTB Bank (Armenia) said today it will re-open  Wednesday two renovated branches in Yeghegnadzor, the administrative center of Vayots Dzor region and Masis, a town in Ararat region.

Both  events will be attended by the bank’s general director Yuri Gusev, as well as mayors of Masis and Yeghegnadzor,  customers of the bank and reporters.

VTB Bank (Armenia) is fully owned by Russian VTB Grouup. It runs 67 branches in Armenia, more than any other local bank.  -0-

spot_img

POPULAR

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Capital of Armenian credit institutions increased by 9.76% in the first quarter of 2026, exceeding 458 billion drams

The total capital of Armenian credit institutions in the first quarter of 2026 amounted to 458.03 billion drams, an increase of 9.76% compared to the first quarter of 2025.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

Russian ruble exchange rate in Armenia exceeded 5 drams: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

LATEST NEWS

spot_imgspot_imgspot_img