Thu, 5 February
-1.9 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

VTB Bank (Armenia) CEO to continue career at Russia’s bank Otkritie

YEREVAN, February 22. /ARKA/. VTB Bank (Armenia) CEO Yury Gusev, who has worked in VTB Bank (Armenia) for nine years, of which six years as head of the bank, will continue his career in Russia by leading the Moscow business at Bank Otkritie, Member of VTB Bank Management Board Vladimir Verkhoshinsky said Wednesday at a news conference.

Verkhoshinsky thanked Yury Gusev praising the team of VTB Bank (Armenia).

“We, as parent bank, have always been happy about the results of BTV Bank (Armenia), which is one of pivotal banks…” he said.

He also said that Retail Business Head Ivan Telegin will be Gusev’s successor at VTB Bank (Armenia).

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 leaders for general indicators. -0—

spot_img

POPULAR

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

LATEST NEWS

spot_imgspot_imgspot_img