VTB Bank (Armenia) sponsors cultural project

YEREVAN, March 19. /ARKA/. An exhibition will be opened under support from VTB Bank (Armenia) on March 20 in the Russian Art Museum in Yerevan as part of the project “Return of Stolen Vrubel”.

The exhibition is dedicated to Russian painter Mikhail Vrubel and the return of the lost “Demon and Angel with Tamara’s Soul” piece, the bank’s press office reported on Saturday.

All who want may visit 38, Isahakyan Street to see the exhibition on any day but Monday until November 20.

The piece was stolen from the museum in 1995. It has been searched since then and was found in March 2017 by Russian special services.

The painting underwent restoration and on November 15, 2017, when Russia ran the campaign “Culture Days of Armenia in Russia”, Russian President Vladimir Putin handed it to his Armenian counterpart Serzh Sargsyan.

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

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

Armenia’s banking system is capitalized significantly above regulatory requirement: Central Bank Governor

Armenia's banking system is adequately capitalized and has sufficient liquidity buffers, stated Central Bank Governor Martin Galstyan.

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

LATEST NEWS

spot_imgspot_imgspot_img