Tue, 24 February
3.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

VTB Bank (Armenia) upgrades its training center

YEREVAN, February 13. /ARKA/. VTB Bank (Armenia) has upgraded its training center for the staff, the bank’s press office reported.

The bank is focused on training of the staff and makes every effort to ensure high professional level of its employees, says the report.

The new training facility can accommodate up to 120 people and is adequately equipped for online training courses, round-table discussions, and etc.

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 is a leader among Armenia’s banks in terms of 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 379.6 billion drams as of the end of 2014 (25.6% increase); the bank’s liabilities were 334.8bln drams (26.3% growth), total capital 44.7 bln drams (20.2% growth), loan investments about 244.3bln drams (11.6% increase). The 2014 profit of the bank amounted to 777.14 mln drams, as compared to 5.6bln drams in 2013. ($1 – 479.05 drams).  –0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img