Tue, 21 October
12.1 C
Yerevan
USD: 382.53 RUB: 4.71 EUR: 444.42 GEL: 141.18 GBP: 511.94

Some 800 VTB Bank (Armenia) employees trained this year to improve their knowledge and skills

YEREVAN, October 15. /ARKA/. Some 800 employees at VTB Bank (Armenia) have taken classes since the beginning of this year to improve their knowledge and skills, the bank’s press office reported on Thursday.

“VTB Bank (Armenia) is constantly working to improve quality of its services and organizing trainings for its employees either in Armenia (80% of education programs) or in those CIS countries where VTB Group has offices,” the press release says.

According to the press release, training is a key component of the system’s partner programs. This model makes it possible to develop cooperation with new participants and maintain longstanding ties with old partners.

VTB Bank (Armenia) cooperates with Armenia’s flagship insurance companies, particularly Rosgosstrakh – Armenia, RESO and INGO ARMENIA.  These companies have developed unique insurance products for VTB Bank (Armenia), and the bank officers who serve this range of products have undergone an intensive training.

“The current system of corporate education allows lessening banking activity risks, since correctly and timely trained specialist will easier avoid mistakes which may cause financial losses to the bank or its clients,” the bank says in its press release.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank (Armenia) has 67 branches all over Armenia’s territory – the largest branch network in the country. VTB Bank (Armenia) is reckoned among flagship banks for general indicators. -0—

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img