Jermuk branch recognized as the best branch of VTB Bank (Armenia)

YEREVAN, August 28. / ARKA /. VTB Bank (Armenia) has recognized its branch in the resort town of Jermuk in the southern Vayots Dzor province as the best of the branches which has secured a three-time increase in individual deposits.

Three months ago the bank launched a contest designed for employees of its 67 branches to attract as much individual term deposits as possible.

Inga Arshakyan, Lilit Hovhannisyan and Lala Gasparyan, working at the branch’s call center, were recognized as best employees for each month respectively, while the head of the branch , Hripsime Smbatyan, was named as the best branch manager.

The employees who demonstrated the best results for achieving the set targets were awarded pecuniary prizes, while the best branch was awarded the bank’s Directorate Cup.

VTB Bank (Armenia) CEO Yuri Gusev was quoted as saying in a press release that the bank has been investing a lot of efforts in motivating its personnel.

“It’s nice to see their commitment and desire for perfection. The bank’s management, in turn, will take care of their welfare by providing opportunities for career growth,’ Gusev said.

VTB Bank (Armenia) is entirely owned by Russian VTB Group. It runs 67 branches across Armenia, more than any other local commercial bank.-0-

spot_img

POPULAR

$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).

Euro and ruble exchange rates against the Armenian dram rise, dollar falls – Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market fell by 0.04 points on October 9, 2026, compared to October 8, settling at 361.93 drams.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Market capitalization in September totaled AMD 352.4 billion – Armenia Securities Exchange

Equity market capitalization in September 2026 stood at approximately AMD 352.4 billion, the press service of the Armenia Securities Exchange (AMX) reported.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img