Mon, 2 March
0.1 C
Yerevan
USD: 377.00 RUB: 4.88 EUR: 444.78 GEL: 140.99 GBP: 507.97

VTB Bank (Armenia) team wins second place at rapid chess tournament

YEREVAN, November 24. /ARKA/. VTB Bank (Armenia) team was second in the team event of the 8th amateur championship of Armenia-based commercial banks and financial institutions in rapid chess.

The championship, devoted to Bank Employee Day, was hosted by Tigran Petrosyan Chess House in Yerevan.

VTB Bank (Armenia) team consisted of 12 employees from its Sevan, Moskva, Kapan, Yeghegnadzor, Number 4 and Khorerdayin branches as well as its head office. With 14.5 points the team won the 2nd place among the teams.

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

spot_img

POPULAR

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange

Unibank’s perpetual bonds have been listed on the Armenia Securities Exchange, allowing for manual and REPO trading.

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

LATEST NEWS

spot_imgspot_imgspot_img