Mon, 18 August
26.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

VTB Bank (Armenia) issues 500,000th plastic card

YEREVAN, November 10. / ARKA /. The 500,000th plastic card, issued by VTB Bank (Armenia) was given to 27-year-old Ani Pashikyan, a teacher of computer science at a secondary school in the village of Saralanj in the northwestern province of Shirak.

The plastic card together with a 500,000 dram certificate was handed to Ms. Ani Pashikyan by VTB Bank (Armenia) CEO Yuri Gusev at a ceremony at the bank’s head office. The amount was transferred to Ms. Pashikyan’s payroll card.

VTB Bank (Armenia) has been the leading bank in Armenia for several years already by the number of active plastic cards (35% of the total Visa and MasterCard cards) and by the total turnover made by using its cards.

“The release of the 500,000th card comes to confirm that our payment cards enjoy the highest demand in the country. They  also indicate the confidence of a wide range of customers in our services,” Gusev said.

VTB Bank (Armenia) is a full member of international payment systems VISA International and MasterCard Worldwide. The Bank offers its clients a wide range of standard Visa and MasterCard cards. It also serves local ArCa bank cards.

VTB Bank (Armenia) runs 67 branches across Armenia and operates 158 ATMs. Its customers can use their cards to pay utility bill, make purchases in retail outlets and in the Internet. VTB Bank (Armenia) is owned entirely by Russian VTB financial group.

At the end of the third quarter, its assets totaled 296.1 billion drams, liabilities stood at 266.8 billion drams, its capital was worth 29.2 billion drams and it had 20.9 billion drams of authorized capital having provided also a total of 185.7 billion drams lending. ($ 1 – 479.86 drams) -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

LATEST NEWS

spot_imgspot_imgspot_img