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

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img