Sat, 26 July
28.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

VTB Bank (Armenia) annuls loan obligations of killed servicemen

YEREVAN, April 8. /ARKA/. VTB Bank (Armenia) has decided to annul loan obligations of those Armenian servicemen who were killed or went missing in the latest upsurge in violence in Nagorno-Karabakh. The bank said it is the least they could do to alleviate the grief of their families.

“We mourn with the families of the victims and do everything possible to support and facilitate their financial burden,” it said in a statement.

VTB Bank (Armenia) did not plan to publicize this information, since the theme is  very painful, “and we believe that this is the least we can do for the defenders of the Motherland, but given the numerous requests from the media, we chose to make an official statement,” the statement says.

VTB Bank (Armenia) is entirely owned by Russian VTB.  It has the largest network of branches in Armenia -67.

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

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

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

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

LATEST NEWS

spot_imgspot_imgspot_img