VTB Bank (Armenia) and MasterCard conduct another incentive program for staff

YEREVAN, August 21. / ARKA /.To encourage its employees, dealing with sales of banking cards, to improve their professionalism, commitment and show a creative approach, VTB Bank (Armenia) together with MasterCard international payment system conducted another incentive program to boost sales of Cirrus/Maestro, Master Card Standard and MasterCard Gold cards.

In the first stage of  the program, all employees of the bank engaged in the sales of MasterCard cards, were given bonus awards, while 20 employees, who sold more cards from May 1 to July 1 2015 were allowed to participate in a raffle of a vacation package for two to a European country  of their choice.

The main prize was won by Ani Harutyunyan, an employee of the customer service department of Amasia branch. Besides, five employees of the branch received letters of appreciation for their active participation in the program.

As a result of the program sales of Cirrus/Maestro, MasterCard Standard and MasterCard Gold rose by 40%.

VTB Bank (Armenia) CEO Yuri Gusev was quoted as saying in a press release that’ We firmly believe that the sustainable development of the Bank is hinged on the creativity, motivation and intention of the staff to improve their professional skills.’

The second stage of the program runs form August 1 to November 1, 2015.

VTB Bank (Armenia) is a 100% subsidiary of Russian VTB Bank. It runs 67 branches across Armenia.

As of late June 2015 the bank’s assets totaled 316.8 billion drams, a decline of 12.3% from the beginning of the year; its liabilities stood at 287.2 billion drams, a decline of 13% and its capital was worth 29.6 billion drams, a drop of 3.5% when compared to the beginning of the year. ($ 1 – 477.7 drams). -0-

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram rose, while the dollar remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 7, 2026, remained unchanged at 367.47 drams.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

The Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak

The Power of One Dram, My Forest Armenia, and the Armenian State Symphony Orchestra have concluded the Symphonic Forest project, launched in Shirak with the goal of planting 20,000 trees.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

LATEST NEWS

spot_imgspot_imgspot_img