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

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Euro and ruble rose against the Armenian dram, while the dollar weakened: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, decreased by 0.16 points to 360.14 drams on October 29, 2026, compared to October 28.

Central Bank of Armenia warned of a new fraudulent scheme involving forged powers of attorney and certificates

The Central Bank of Armenia is warning citizens about the increasing incidence of fraud using forged documents allegedly issued by the regulator.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img