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Armenian premier discusses with VTB president prospects for attracting Russian investments

YEREVAN, January 24. /ARKA/. Armenian Prime Minister Nikol Pashinyan met with Russian VTB Bank President Andrey Kostin yesterday on the margins of Davos Economic Forum, the press office of the Armenian government reports.

At the meeting, Nikol Pashinyan highly valued VTB Bank’s presence in Armenia’s financial market and in different branches of the economy and also stressed the importance of its investment activity in many segments of the country’s economy.

Introducing his government’s priorities concerning the business environment and economic development, the premier highlighted the need for the banks, including VTB Bank, to adequately respond to the indications coming from the business sector.

Ways of expanding VTB Bank’s activities in different spheres of Armenia’s economy were discussed at the meeting as well.

VTB Bank Armenia joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia).

VTB Bank (Armenia) is reckoned among leaders for general indicators. -0—

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