Sun, 30 November
6.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

VTB Bank (Armenia) refutes the article of an Armenian newspaper

YEREVAN, April 25. /ARKA/. VTB Bank (Armenia) disproved the accuracy of an article published today in Zhoghovurd newspaper and uploaded to news websites, the bank reported to ARKA.

According to the bank, Zhoghovurd newspaper misrepresented the response of the bank on why its Tashir branch stopped operating thus confusing the readers.

VTB Bank (Armenia) said it gave a full response to the newspaper’s request. Particularly, it clarified “On 15 April 2013 Tashir branch of VTB Bank (Armenia) CJSC was not liquidated, just stopped operating, and its assets and obligations were delegated to Stepanavan branch thus ensuring safety and accessibility of the banking deposits of Tashir branch clients.” The bank highlighted the branch clients will go on enjoying electronic services which enable them to withdraw cash, make payments.

The clients can also receive money transferred via the monetary systems without visiting the bank.

They can also apply Internet-banking service. The electronic system is also available for pensioners.
“We find it necessary to inform that we will have installed an ATM in Tashir town by late April,” the bank said in its statement.

As of now there are 67 branches of VTB Bank (Armenia) spread through Armenia, 43 of them are located in the regions, and 24 –in Yerevan city. Last year, the bank had 70 ATMs.

VTB Bank (Armenia) joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia).—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img