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

VTB Bank (Armenia) announces new charitable project

YEREVAN, August 9. /ARKA/. As part of its social responsibility policy VTB Bank (Armenia) will carry out another charitable project in the sphere of education, designed to increase the motivation of students of higher educational institutions of the country for high academic achievements.

The Yerevan-based bank said in a press release that at the beginning of the academic year 2018, it will provide a scholarship in the amount of one-year tuition fee to a fourth-year student of the Vanadzor State University after Tumanyan, majoring for bachelor’s degree in management, who has shown high degree of success throughout studies. Thus, one university student will have the opportunity of free-of-charge training throughout the academic year.

In addition to the scholarship, the best student of Vanadzor State University will be given an opportunity to have internship at VTB Bank (Armenia) upon graduation, and apply for a job if there are relevant vacancies.

‘Education is one of the priorities of the policy of social responsibility of VTB Bank (Armenia). The Bank provides ongoing support to educational institutions, finances educational exhibitions, forums aimed at improving the quality of education in Armenia,’ the press release said.

VTB Bank (Armenia) CJSC became a participant of the international financial group VTB in 2004. Currently, VTB Bank, the second largest in Russia, owns 100% of VTB Bank (Armenia). The bank runs 67 branches across Armenia. -0-

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.

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.

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.

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.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

LATEST NEWS

spot_imgspot_imgspot_img