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

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

LATEST NEWS

spot_imgspot_imgspot_img