Armenia is a priority market for VTB group- Yakunin

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26.10.2012, 17:28

Armenia has one of the most priority markets for VTB group, head of subsidiary companies division, senior vice president at VTB Bank Mikhail Yakunin replied to ARKA correspondent’s question.

Armenia is a priority market for VTB group- Yakunin

YEREVAN, October 26. /ARKA/. Armenia has one of the most priority markets for VTB group, head of subsidiary companies division, senior vice president at VTB Bank Mikhail Yakunin replied to ARKA correspondent’s question.

“The bank has strong positions here, and we plan to continue enhancing them in Armenia,” he told journalists.

He revealed no details, however, over the volume of investments for the next year, noting these talks are still in ongoing.

“By the end of the year we will have confirm all the necessary figures, and will be able to unveil the information for the next year,” he added.

VTB Bank (Armenia) became a member of VTB international financial group in April 2004. Currently, it is fully owned by Russian VTB Group, the second largest bank in Russia. It is listed in top 3 banks in Armenia. It has 69 branches in Armenia, more than any other bank.-0-

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