VTB Bank (Armenia) opens its renovated branch in Ijevan town

YEREVAN, July 9./ARKA/. VTB Bank (Armenia) opened Friday its renovated branch in Ijevan town.

The office was modernized and equipped with the most modern technology, its interior was decorated to correspond to VTB Group brand design.

The newly renovated branch has separate windows for serving legal entities and individuals, it also has a queue control system.

The bank is following a policy of making its high-quality services available to people across Armenia, said General Director – Chairman of the Board of Directors at VTB Bank (Armenia) Yuri Gusev, who was present at the opening ceremony.

“The newly renovated branch in Ijevan is to offer all the modern line of products and services to the residents of the town, enhance the standards of the banking service. The product line of our bank absolutely embraces the uniqueness of the regional market and is oriented to meet the demands of the customers.”

The ceremony was attended by VTB Bank (Armenia) senior officials, governor of Tavush region Armen Khularyan, local municipality and administration officials, and some others.

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 – 67. —0—

spot_img

POPULAR

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

LATEST NEWS

spot_imgspot_imgspot_img