Sun, 8 February
3.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

VTB Bank (Armenia) renovates classroom for Russian school in Armenia

YEREVAN, September 1. / ARKA /. Ahead of the new schooling year that begins in Armenia on September 1 the Russian-owned VTB Bank (Armenia) has renovated the mathematics classroom of a secondary school N21 in Yerevan which is run by the Russian defense ministry. The bank donated it also computer equipment and a multimedia projector.

The opening ceremony was attended by Russian ambassador to Armenia, Ivan Volynkin who thanked the bank and expressed hope that learning mathematics in the renovated classroom would be a pleasure.

VTB Bank (Armenia) CEO Yuri Gusev said that the bank had earlier donated computers and other equipment to computer science classroom and renovated Russian language classroom.

The secondary school N21 opened in Yerevan on September 1, 1994 by the Russian ministry of defense for children of Russian army officers stationed in Armenia.

VTB Bank (Armenia) is fully owned by Russian VTB Bank. It has the largest branch network in the country running 67 offices.

The bank’s assets as of July 1, 2014 stood at 312.5 billion drams, liabilities – at 268.5 billion drams, credit investments – at 230.3 billion drams and its capital was worth about 44 billion drams. ($ 1 411.23 drams). -0

spot_img

POPULAR

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Preserving Armenia’s Cultural Heritage: Unique Monasteries and Historical Sites Documented (VIDEO)

Starting in 2023, the Identity Foundation began documenting Armenia's centuries-old monasteries, churches, and cultural monuments.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

LATEST NEWS

spot_imgspot_imgspot_img