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

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 3, 2026, fell by 0.01 points compared to June 2, to 368.52 drams.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

LATEST NEWS

spot_imgspot_imgspot_img