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

Reverse mortgages for pensioners and new property rights for spouses are being introduced in Armenia

At its session on Thursday, the National Assembly of Armenia adopted in the first reading amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

Euro fell 4.82 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of June 18, 2026, increased by 0.13 points compared to June 17, reaching 368.19 drams.

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 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img