YEREVAN, June 14. /ARKA/. Armenian Prime Minister Nikol Pashinyan, who is now in Russia for a two-day working visit, had Thursday a breakfast with Andrey Kostin, President and Chairman of the Management Board of VTB Bank, the Armenian government’s press office reports.
Pashinyan stressed the importance of the presence of the Russian bank at Armenia’s financial market and its investment activity in various segments of the country’s economy.
Pashinyan presented the Armenian government’s priorities and also pointed out the necessity of an adequate reaction from the business sector to the impetuses coming from banks, including VTB Bank (Armenia).
The premier and the banker discussed prospects for expansion of the bank’s activity in the Armenian economy’s sectors.
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—
