Tue, 4 March
2.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

VTB Bank (Armenia) reopens three more renovated branches

YEREVAN, October 16. / ARKA /. VTB Bank (Armenia) said today it has reopened two renovated branches in Nor Nork administrative district of Yerevan and another branch in the town of Charentsavan in central Kotayk province.

The Russian-owned  bank said a set of comprehensive measures have  streamlined customer services, upgraded and technically re-equipped job places, as well as brought the interior of the branches in line with the brand and corporate style of the VTB Group.

According to VTB Bank (Armenia) CEO Yuri Gusev, in addition to new equipment and repairs, the branches have now terminals and queue management systems.

“Our goal is to create high-quality banking services and ensure access to these services to all residents of Armenia”, said Gusev.

Mayor of Charentsavan, Hagop Shahgaldyan, was quoted as saying in a bank press release that “conditions created for our residents at VTB Bank (Armenia) are sufficient to make the clients feel comfortable.”

VTB Bank (Armenia) is owned fully by Russian VTB Bank. It runs 67 branches across Armenia, more than any other local bank.

The bank’s assets as of July 1, 2014 stood at  312.5 billion drams, the liabilities – at 268.5 billion drams, its credit investments – at 230.3 billion drams and its capital – at about 44 billion drams.. ($ 1 – 409.49 drams). -0

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img