Bank VTB (Armenia) to settle processing center problems Wednesday afternoon

YEREVAN, March 5. /ARKA/. Bank VTB (Armenia) will eliminate technical failures at its processing center on Wednesday afternoon, according to the bank’s official website.

On March 4 technical problems occurred at the plastic card processing center of the bank, and troubleshooting is still under way. The problems will be completely solved by 15:00 today, according to the report.

Card transactions, including payment of pensions and salaries will be carried out in the bank’s branch office if passports or other identity documents are submitted.

Notifications of the accounts and card transactions through short SMSs may be received within the next days.

The bank apologizes for inconvenience, according to the report.

Bank VTB (Armenia) closed joint stock company became a member of VTB financial group in April 2004. The second biggest Russian bank, Bank VTB ojsc is now the full owner of Bank VTB (Armenia). The bank is among leaders of Armenian banking system in a number of basic indicators. It currently has the biggest network in Armenia – 67 branch offices across the country.–0–

spot_img

POPULAR

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.

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.

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

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.

LATEST NEWS

spot_imgspot_imgspot_img