Sat, 26 July
22.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

VTB Bank (Armenia) acts as chief partner of third Russian Armenian interregional forum

YEREVAN, December 3. / ARKA /. The Russian-owned VTB Bank (Armenia) said today it is the chief partner of the third Russian-Armenian interregional forum being held in Armenia with the support of Armenian and Russian presidential administrations. The forum started on December 2 will run through December 4.

The first day of the forum was hosted by Armenia’s second largest town of Gyumri, the first leg of Russian president Putin’s December 2 visit to Armenia. The Russian delegation, led by Putin, included federal and regional authorities, business people, representatives of non-governmental organizations and experts.

The Armenian delegation headed by President Serzh Sargsyan, included senior members of the presidential administration, ministries and heads of government agencies and major companies.
On December 2 the VTB Bank board chairman Andrey Kostin had a meeting with the chairman of the Central Bank of Armenia Arthur Javadyan to exchange views on the planned programs of VTB Bank (Armenia).

Today the Central Bank hosted a round table on the development of Russian-Armenian partnership in the banking and investment sectors in the context of the Eurasian integration process.

The Yerevan Mergelyan Research Institute of Mathematical Machines is holding a Russian-Armenian interregional exhibition of industrial innovations, where VTB Bank (Armenia) showcased its products and services designed for corporate and retail customers and small and medium businesses.

“The forum has brought to Yerevan over 600 participants from Russia and Armenia. This is a good opportunity to develop effective business contacts and implement joint projects. We are always open for new programs,” VTB Bank (Armenia) CEO Yuri Gusev is quoted as saying in a bank’s press release.

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

spot_img

POPULAR

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

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

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

LATEST NEWS

spot_imgspot_imgspot_img