VTB Bank (Armenia) and MasterCard announce Fly to Rio contest

YEREVAN, September 23. / ARKA /. VTB Bank (Armenia) and MasterCard international payment system have announced today the launch of “Fly to Rio” contest, designed for customers who use very actively their banking cards. The contest features a televised drawing of prizes, VTB Bank (Armenia) said in a press release.

The contest is open to holders of Cirrus/Maestro® and MasterCard® cards, issued by VTB Bank (Armenia). Customers who will obtain these cards during the contest duration are also eligible, it said.

All those who will use their cards from September 20 to December 31, 2015 to pay for purchases in Armenia and abroad (including online purchases) for a total amount of 300,000 drams and more will get an opportunity to win one of the great prizes – 5 smart watches costing each 300,000 drams each, or the grand prize – a trip for two to Rio De Janeiro to attend the Carnival 2016, held annually in February, which is the midst of the Brazilian summer and lasts 4 days and 4 nights. The televised drawing of prizes will take place in January 2016.

‘MasterCard is a leader in global payment industry. We have good cooperation with it and this is not our first joint incentive campaign that finds a positive response among our customers “, VTB Bank (Armenia) CEO Yuri Gusev said.

He said non-cash payments by using MasterCard cards is not only safe and comfortable; customers get also the opportunity to win prizes, including the grand prize and spend an unforgettable time in Rio de Janeiro.

MasterCard’s managing director for Armenia, Belarus and Kazakhstan Alexander Dunayev said together with VTB Bank (Armenia) they prepared wonderful prizes for all MasterCard cardholders, and will follow closely and with interest the development of the contest.

VTB Bank (Armenia) is owned wholly by Russian VTB Bank. It has 67 branches across Armenia, more than any other local bank.-0-

spot_img

POPULAR

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

LATEST NEWS

spot_imgspot_imgspot_img