Mon, 27 January
4.1 C
Yerevan
USD: 398.36 RUB: 4.11 EUR: 418.44 GEL: 138.80 GBP: 497.67
spot_img

VTB Bank (Armenia) acted as general sponsor of my step for Lori marz investment forum

YEREVAN, February 25. /ARKA/. VTB Bank (Armenia) was the general sponsor of the My Step for Lori Marz investment forum in Vanadzor on February 23. The event was hosted by Armenia’s third largest town of Vanadzor, the capital of Lori province.

The forum, initiated by the Ministry of Territorial Administration and Development and the Lori Provincial Center, brought together major businessmen and investors from Armenia and other countries – Russia, Ukraine, Italy, USA, Australia, Iran, Lithuania, who looked into investment options for the development of the Lori province. Prime Minister Nikol Pashinyan was the key speaker at the event.

The business forum started with the opening of the exhibition of manufacturers of the Lori region, where VTB Bank (Armenia), as the general sponsor of the event, presented its products and services in a separate pavilion.

After visiting the exhibition, the guests and participants of the event gathered for a discussion on the most important investment issues in the Lori region.

VTB Bank (Armenia) CEO Ivan Telegin spoke at the forum. He said that VTB Bank (Armenia), which runs 70 branches across Armenia, including 5 branches in Lori, can rightly be called a people’s bank. He said also that the bank plans to open another branch in the region in the near future. He said the bank would like to see this forum serve as a powerful economic impetus for the development of new businesses, new economic projects and creation of new jobs.

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 70 branches across Armenia. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar, euro and ruble rise in Armenia for the second day in a row

The average market exchange rate of the US dollar to the Armenian dram as of January 21, 2024, amounted to 398.84 drams, increasing by 0.2 points compared to January 20.

Pashinyan holds meeting on regulation of crypto-assets

Armenian Prime Minister Nikol Pashinyan chaired a meeting to discuss a draft law designed to regulate the field of crypto-assets.

EDB: Armenia increasingly likely to complete tcycle of refinancing rate cuts in first quarter

The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%).

Armenia’s banking system reports a profit of 363 billion drams in 2024

The profit of Armenia's banking system for 2024 amounted to approximately 363 billion drams, according to the Union of Banks of Armenia (UBA).

ПОПУЛЯРНЫЕ ТЕМЫ

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s banking system reports a profit of 363 billion drams in 2024

The profit of Armenia's banking system for 2024 amounted to approximately 363 billion drams, according to the Union of Banks of Armenia (UBA).

Armenia to receive 45.3 million euros from Asian Development Bank to improve healthcare quality

Armenia will receive a EUR 45.3 million loan from the Asian Development Bank for the implementation of the ‘Health Care Quality Improvement Programme’. The Armenian government made a corresponding decision on Thursday.

US dollar exchange rate up by 0.14 points, while the euro falls by 1.37 points

The average market exchange rate of the U.S. dollar to the Armenian dram at the end of January 23, 2024, amounted to 398.88 drams, having risen by 0.14 points compared to 22 January.

Goldman Sachs considers opportunities for cooperation with Armenia

Armenian Prime Minister Nikol Pashinyan met with Jared Cohen, President of Global Affairs of Goldman Sachs, one of the world’s leading investment banks, within the framework of the World Economic Forum in Davos.

Euro jumps by 3.25 drams to 418.48 drams

The average market exchange rate of the U.S. dollar to the Armenian dram on January 24, 2024, amounted to 398.97 drams, having risen by 0.09 points compared to January 23.

Central Bank of Armenia warns about fraudulent surveys and urges not to share banking data

The Central Bank of Armenia does not conduct any surveys regarding citizens' banking data, the regulator said today.

LATEST NEWS

Popular Categories

spot_imgspot_imgspot_img