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

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.

Central Bank of Armenia and banks are ready to tighten mechanisms to combat telephone fraud – Galstyan

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

EDB: Cross-border remittance inflow to Armenia increased to $5.9 billion in 2025, net inflow by 8.6%

Cross-border remittance inflow to Armenia increased by 2.4% year-on-year in 2025, reaching $5.9 billion, according to the Eurasian Development Bank's March macroeconomic review.

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.

Central Bank of Armenia may switch to hawkish rhetoric and raise rate – Freedom Broker Armenia (EXCLUSIVE)

The likelihood of the Central Bank of Armenia switching to tougher monetary rhetoric and potentially raising the rate in the short term may increase, Rafael Mkrtchyan, Head of Corporate Finance at Freedom Broker Armenia, told ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img