VTB Bank (Armenia) customers able to set banking cards’ PIN codes by themselves

YEREVAN, April 5. /ARKA/. The VTB Bank (Armenia) said today that the PIN codes of plastic cards issued by VTB Bank (Armenia) are provided to customers via SMS messages instead of paper carriers.

It said in a news release that when a new card is received, temporary PIN-codes are sent to the cardholders, which they should change by themselves via ATMs of VTB Bank (Armenia) and set the PIN-code at their own discretion. Thanks to the new service, the bank’s customers can set a combination of numbers that they can easily remember, changing it later at any time, and those who have several cards – may set a single PIN-code for all their cards.

After receiving an SMS message with a temporary PIN code, the client performs the following actions to activate the card and install a permanent PIN code: insert the card into any ATM of VTB Bank (Armenia), enter a temporary PIN code received via SMS message, enter a new four-digit PIN code in the opened window, re-enter the new PIN and complete the operation.

Based on the security requirements, the PIN-code set by the customer is not stored in the processing center of the bank and is available exclusively to the client. This new service applies to all VTB Bank (Armenia) cards, except for Instant Issue, Visa Infinite, pension and credit cards.

More information on changing PIN codes when activating a banking card is available at the branches of VTB Bank (Armenia) and by calling 87-87.

VTB Bank (Armenia) became a participant of VTB Group in April 2004. Currently, VTB Bank, the second largest in Russia, owns 100% of VTB Bank (Armenia). It operates 67 branches across Armenia. -0-

spot_img

POPULAR

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

Up to AMD 1 billion in business financing: Byblos Bank Armenia’s new offer

Byblos Bank Armenia is offering preferential terms for businesses seeking financing or refinancing, including:

Inflation of 4.4% recorded in Armenia in August

In the Armenian consumer market, 12-month inflation in August of this year amounted to 4.4%, according to a report from the Statistical Committee of Armenia.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

LATEST NEWS

spot_imgspot_imgspot_img