Sun, 11 January
0.1 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

VTB Bank (Armenia) and Gazprom Armenia resume cooperation

YEREVAN, November 5. /ARKA/. VTB Bank (Armenia) CJSC said today it has resumed cooperation with Armenia’s national natural gas distribution company Gazprom Armenia CJSC, one of the leading Armenian companies.

VTB Bank (Armenia) said together with Gazprom Armenia they intend to create a platform to further strengthen their relations, implement join projects for dynamic development of the country’s energy industry.

According to a VTB Bank (Armenia) press release, both sides expressed willingness to continue their relationship and jointly develop and implement financial instruments that will ensure maximum efficiency of their partnership.

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 banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img