VTB Bank (Armenia) finances construction of YerevanMall

YEREVAN, November 19. / ARKA /. The Russian-owned VTB Bank (Armenia) said in a press release that together with Ameriabank it is financing the construction of YerevanMall trade center in Yerevan, started in 2010.

The trade center with a total area of about 67 thousand square meters is located on Arshakunyats Avenue.  The four-floor structure will have a large variety of stores, entertainment centers for children, restaurants , cafes, as well as a large food supermarket.

“Our decision to finance the construction of the YerevanMall allows us to take an active part in the trade and economic development of Yerevan taking our cooperation with our partners to a higher level,”  VTB Bank (Armenia) CEO, Yuri Gusev, was quoted as saying in the press release.

VTB Bank (Armenia ) is owned fully by  Russian VTB Group.  It runs 67 branches across Armenia, more than any other local bank. The bank is also the leader in terms of issued international banking cards. It has its own processing center. -0-

spot_img

POPULAR

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

Armenia has introduced a new model for assessing public debt sustainability

Armenia has introduced a new model for assessing public debt sustainability, while maintaining the previous ones.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

Armenian capital market needs not only technology, but also a mature regulatory and infrastructural environment – ​​NABIX founder

The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.

“Kamurj” UCO CJSC bonds worth 1 billion drams listed on AMX

"Kamurj" UCO CJSC bonds have been listed on the Armenia Securities Exchange (AMX), the exchange's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img