VTB Bank (Armenia) named “The Best Bank of Armenia in 2015” by Gallup International Association

YEREVAN, December 28. /ARKA/. The Russian-owned VTB Bank (Armenia) was named “The Best Bank of Armenia in 2015” by the Gallup International Association, based on the findings of a survey it had conducted in November across the country.

The survey embraced 1,106 citizens of different age groups, while the selection of respondents was made on the basis of random sampling. The methodology used was the so-called ‘face to face interview.’ The survey found also that VTB was the most recognizable banking brand in Armenia.

The findings of the survey show that VTB Bank (Armenia) is number one bank in the country with 57% brand awareness. The bank was found to be also the leader in terms of quality of service – 26% of respondents named it as the best service provider.

The diploma -‘The Best bank of Armenia in 2015′ -was handed over to VTB Bank (Armenia) CEO Yuri Gusev by the head of the Armenian representation of Gallup International Association Aram Navasardyan. Gusev said this is the second time VTB Bank (Armenia) was named the best bank of Armenia by Gallup International Association.

“We are very pleased with the fact that the population of Armenia, when choosing a bank is guided not only by the range and quality of banking services, but also by the stability of the bank,’ he said at the awarding ceremony.

Gusev thanked also VTB Bank (Armenia) staff for their professionalism, the bank’s clients and the respondents of the survey for their trust in the bank.

“VTB Bank (Armenia) is among top leading banks of Armenia enjoying the trust not only of its partners and customers, but also of population,’ Arman Navasardyan said.

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

spot_img

POPULAR

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

Armenian dram strengthened against the dollar and the ruble, but weakened against the euro: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 28, 2026, fell by 0.15 points to 364.32 drams compared to August 27.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

LATEST NEWS

spot_imgspot_imgspot_img