Summer season at VTB Bank (Armenia) supported inclusive camp comes to the end

YEREVAN, August 29. /ARKA/. The summer season was officially closed at holiday home “Helen” for challenged children in Stepanavan on Thursday, the press office of VTB Bank (Armenia) reported.

The holiday home run by Liarzhek Kianq (Full Life) non-governmental organization was recently repaired by the bank.

The Yerevan Young Spectator’s Theatre visited the kids with a guest performance “Bremen Musicians”. Children had a chance to talk to well-known artists and got presents from the bank afterwards.

General director of the bank and head of the board Yury Gusev said he was happy to make kids feel self-worth and expressed hope the children had good time in the camp and were ready for a new academic year.

VTB Bank (Armenia) closed joint stock company became a member of VTB financial group in April 2004. The second biggest Russian bank, Bank VTB open joint-stock company, is now the full owner of Bank VTB (Armenia). The bank used to be among leaders of Armenian banking system on a number of basic indicators. Currently the bank has the biggest network in Armenia – 67 branch offices throughout the country.

Assets of VTB Bank (Armenia) amounted to 312.5 billion drams as of July 1; the bank’s liabilities were 268.5bln drams, capital about 44bln drams, loan investments about 230.3bln drams. ($1- 411 drams).–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.

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.

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.

“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.

Armenia’s gross reserves rose to $5.5 billion in February, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased, reaching $5.5 billion at the end of February, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

LATEST NEWS

spot_imgspot_imgspot_img