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Competition makes commercial banks focus on advertising
As competition is stepping up, Armenian commercial banks are taking a more serious attitude to advertising. A survey of Armenia’s commercial banks conducted by the ARKA News Agency shows that advertising is gradually gaining a foothold on Armenia’s bankin YEREVAN, October 13. /ARKA/. As competition ...
10/15/2007Armbusinessbank is set to consolidate its leading position on several indicators in Armenia's banking system
In an exclusive interview with ARKA news agency, Artavazd Sargsyan, the Chairman of the Executive Board of ARMBUSINESSBANK, shares his vision of Armenia's banking sector development, the current trends in the financial market and the new services the bank is planning to unveil in 2020. YEREVAN, January 8. /ARKA/. Armenia's banking sector keeps on progressing, taking ...
01/08/2020Top ten Armenian banks according to Russian edition of Forbes
he Russian edition of Forbes magazine says that for many Russians opening an account in a foreign bank has become an urgent necessity in recent months. YEREVAN, July 26. /ARKA/. The Russian edition of Forbes magazine says that for many Russians opening an account in a foreign bank has become an urgent necessity in recent months. In early July, ...
07/26/2022VTB Bank (Armenia) offers deposit accounts for all segments of population along with improving its line of products
In an interview Ivan Telegin, CEO and Chairman of VTB Bank (Armenia) Board, speaks about the deposit products of the bank and their features, customer demand for deposits as well as about relating indicators. YEREVAN, October 31 /ARKA/. In an interview Ivan Telegin, CEO and Chairman of VTB Bank (Armenia) ...
10/31/2018VTB Bank (Armenia) plans to streamline business operations in 2021 and improve interaction with clients
The CEO of VTB Bank (Armenia) Ivan Telegin addressed a New Year message to the Bank's clients and the partners, which reads as follows. YEREVAN, December 31. /ARKA/. The CEO of VTB Bank (Armenia) Ivan Telegin addressed a New Year message to the Bank's clients and ...
12/31/2020VTB Bank (Armenia) embarking on new ambitious development strategy
VTB Bank (Armenia) has announced a new ambitious development strategy. YEREVAN, February 22. /ARKA/. VTB Bank (Armenia) has announced a new ambitious development strategy. Vladimir Verkhoshinsky, a VTB Bank board member sand the chairman of the board ...
02/22/2018ACBA Bank summarizes the results of 2024
ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today. YEREVAN, June 18. /ARKA/. ACBA Bank summarized the results of 2024 and ...
06/18/2025VTB Bank (Armenia) offers entrepreneurs bank guarantees to fulfill their contractual obligations
VTB Bank (Armenia) offers entrepreneurs bank guarantees to secure fulfillment of their contractual obligations. YEREVAN, January 26. /ARKA/. VTB Bank (Armenia) offers entrepreneurs bank guarantees to fulfill their contractual obligations. With VTB Bank ...
01/26/2022IDBank is adamant to defend its interests in all judicial instances: bank is not threatened by bankruptcy
The IDBank is adamant to defend its interests in all judicial instances, the chairman of the bank’s Board Mher Abrahamyan told reporters on Monday in comments on a trial that involves businessman Gevorg Afandyan and the alienation of property of B.M.L Arzni ...
11/18/2019Armenian Central Bank says Swissquote’s activity in the country is illegal
On July 4 Armenia’s Central Bank officially notified relevant government agencies that the activity of Financial Trading House (FTH) aka Robert and Sons LLC, runs contrary to the Armenian law. YEREVAN, July 9. /ARKA/. On July 4 Armenia’s Central Bank officially notified relevant ...
07/09/2018Grant Akopian: “Participation in the EBRD Annual Meeting is consistent with the strategy adopted by Converse Bank.”
Converse Bank was a major sponsor of the EBRD Annual Meeting. We talked with Grant Akopian, Chief Financial Officer and the Deputy CEO of Converse Bank about our participation in the event, the Bank’s activities in the field of socially responsible financing ...
05/13/2024VTB Bank (Armenia) warns its clients against phone scams
VTB Bank (Armenia) warned today its clients against phone scams, saying their number has increased dramatically recently. YEREVAN, October 6. /ARKA/. VTB Bank (Armenia) warned today its clients against phone scams, saying their number has increased dramatically ...
10/06/2021VTB Bank (Armenia) launches new service for payment of money transfers effected in foreign currency in Armenian drams
VTB Bank (Armenia), one of the leading banks in the country in terms of the amount of effected money transfers, provides its clients with a string of opportunities to make international money transfers, the press service of the bank said in a press release....
01/28/2021VTB Bank (Armenia) first bank in Armenia to offer clients fast and convenient way of receiving statements through its website
VTB Bank (Armenia) is the first bank in Armenia to offer its clients a new fast and convenient way of receiving statements through the Personal Account on the bank's website. YEREVAN, December 25. /ARKA/. VTB Bank (Armenia) is the first bank in Armenia ...
12/25/2020Fast, simple and comfortable! VTB Bank (Armenia) serves 6 money transfer systems
VTB Bank (Armenia), one of the leading banks in Armenia in terms of the volume of money transfers, offers its clients ample opportunities for making international remittances. YEREVAN, December 11. /ARKA/. VTB Bank (Armenia), one of the leading banks ...
12/11/2020Azerbaijani authorities have no access to VTB Bank (Armenia) clients’ personal data
VTB Bank (Armenia) released a statement on Tuesday denying media reports that the Azerbaijani authorities enjoy access to the bank clients’ personal data. YEREVAN, January 26. /ARKA/. VTB Bank (Armenia) released a statement on Tuesday denying media ...
01/26/2016EDB and WB to implement irrigation modernization and institutional capacity building project in Armenia
YEREVAN, December 5. / ARKA /. The Eurasian Development Bank (EDB) serving as the Trustee for the Anti-Crisis Fund of the Eurasian Economic Community (ACF) and the World Bank signed December 4 a cooperation agreement to support the preparation and implementation of the “Irrigation Modernization and Institutional ...
12/05/2013VTB Bank (Armenia) finances Photon LLC
Cooperation between VTB Bank (Armenia) and Photon LLC in the framework of documentary operations is key to the successful fulfillment of the company's contractual obligations, the press service of the bank said in a press release. YEREVAN, February 22. /ARKA/. Cooperation ...
02/22/2021VTB Bank (Armenia) recognized by Gallup International Association as best bank of Armenia
The Armenian office of the Gallup International Association (GIA) has recognized VTB Bank (Armenia) the best bank of Armenia, the press office of the bank reported on Monday. YEREVAN, December 19. /ARKA/. The Armenian office of the Gallup International Association (GIA) has recognized VTB Bank (Armenia) the best bank of Armenia,...
12/19/2016Euromoney recognises Acba Bank as the best bank in Armenia according to ESG criteria
The renowned British financial magazine Euromoney has recognised Acba Bank as ‘Armenia's best bank according to ESG (Environmental, Social and Governance) criteria’. YEREVAN, 23 July. /ARKA/. The renowned British financial magazine Euromoney has recognised Acba Bank as ‘Armenia's best bank according to ESG (Environmental,...
07/23/2024VTB Bank (Armenia) launches payment cards for children and teenagers
VTB Bank (Armenia) jointly with Visa international payment system is launching new Teens and Kids payment cards, designed specifically for children and teenagers. YEREVAN, December 23. /ARKA/. VTB Bank (Armenia) jointly with Visa international payment ...
12/23/2020VTB Bank (Armenia) strongly recommends people not to use mediators’ services for formalizing gold-secured loans
VTB Bank (Armenia) strongly recommends people not to use mediators’ services for formalizing gold-secured loans. It urges everybody to apply for loans independently to avoid involvement into fraudulent schemes. In its press release issued in Friday, the ...
07/29/2019Clients of VTB Bank (Armenia) may formalize standing payment order for paying Beeline services
VTB Bank (Armenia), extending its cooperation with Beeline, has made a new offer to its clients who have card or bank accounts here. YEREVAN, August 27. /ARKA/. VTB Bank (Armenia), extending its cooperation with Beeline, has made a new offer to its ...
08/27/2014Moody’s assigned Ba1/ Ba3/ NP/D to VTB Bank (Armenia)
Moody's Investors Service has assigned the following ratings to VTB Bank (Armenia): local currency deposit rating of Ba1, foreign currency deposit rating of Ba3, bank financial strength of D- (equivalent to a ba3 baseline credit assessment [BCA]), and Not-Prime short-term deposit ratings. YEREVAN, August 15. /ARKA/....
08/15/2014VTB Bank (Armenia) opens its newly renovated Arabrkir branch
VTB Bank (Armenia) said Wednesday it opened its newly renovated branch Arabkir in Yerevan, Azatutyun 20/37. YEREVAN, July 26. /ARKA/. VTB Bank (Armenia) said Wednesday it opened its newly renovated branch Arabkir in Yerevan, Azatutyun 20/37. The renovation ...
07/26/2012Araratbank to implement aggressive market strategy
Below is an exclusive interview of Board Chairman of the ARARATBANK Ashot Hosipyan to the ARKA News Agency. Below is an exclusive interview of Board Chairman of the ARARATBANK Ashot Hosipyan to the ARKA News Agency. ARKA: Your bank recently became an open-joint stock company. How has the bank changed its strategy ...
09/25/2007VTB Bank (Armenia) offers pensioner cards for receiving pensions via ATMs
VTB Bank (Armenia) said today pensioners could apply to any of its branch for getting pensioner cards and receive their pensions through ATMs. YEREVAN, June 17. /ARКА/. VTB Bank (Armenia) said today pensioners could apply to any of its branch for getting ...
06/17/2021VTB and IIDF are looking for startups for corporate accelerator
Over two weeks the Russian VTB received more than 100 applications from technology companies for a corporate accelerator in partnership with the Internet Initiatives Development Fund (IIDF), VTB Bank (Armenia) said in a press release today. YEREVAN, July 29. /ARKA/. Over two weeks the Russian VTB received more than 100 applications from technology companies for a corporate accelerator in partnership with the Internet Initiatives Development ...
07/29/2020VTB Bank (Armenia) launches video banking service
VTB Bank (Armenia) has launched today a new remote service -video banking - it has designed for its customers. YEREVAN, September 4. /ARKA/. VTB Bank (Armenia) has launched today a new remote service -video banking - it has designed for its customers....
09/04/2019ACBA-CREDIT AGRICOLE BANK begins servicing JCB cards
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., and ACBA-CREDIT AGRICOLE BANK, one of the largest banks in Armenia, announced July 27 that ACBA-CREDIT AGRICOLE BANK has started JCB merchant acquiring operations across the country, ACBA-CREDIT AGRICOLE BANK reported. YEREVAN, July 28, /ARKA/ JCB International Co., Ltd....
07/28/2018VTB Bank (Armenia) named "The Best Bank of Armenia in 2015" by Gallup International Association
The Russian-owned VTB Bank (Armenia) was named "The Best Bank of Armenia in 2015" by the Gallup International Association, based on the findings of a survey it had conducted in November across the country. YEREVAN, December 28. /ARKA/. The Russian-owned VTB ...
12/28/2015Ameriabank parent acquires shares in Cascade Bank
On April 10, 2010 Ameriabank and Cascade Bank announced that TDA Holdings, Inc. had become the shareholder of Cascade Bank. YEREVAN, April 10. /ARKA/. On April 10, 2010 Ameriabank and Cascade Bank announced that TDA Holdings, Inc. had become the shareholder of Cascade Bank....
04/10/2010Central Bank of Armenia comments on acquisition of HSBC Bank Armenia by Ardshinbank (exclusive)
The Central Bank of Armenia has not yet received an official application and has not given its preliminary consent to the acquisition of HSBC Bank Armenia by Ardshinbank, the regulator said in response to ARKA news agency's inquiry. YEREVAN, February 13....
02/13/2024Digitalization for the benefit of clients: Ameriabank is the first in Armenia to create a complex of digital ecosystems
As a bank, continuously searching for new, more advanced, personalized and effective tools, Ameriabank keeps on providing its clients with financial services and business solutions of international quality and is the only bank in Armenia that has created a ...
10/29/2021VTB Bank (Armenia) finances Autotech LLC as part of documentary operations
VTB Bank (Armenia) and AUTOTECH company have been cooperating since 2019 in the framework of settlement and cash services. YEREVAN, March 10. /ARKA/. VTB Bank (Armenia) and AUTOTECH company have been cooperating since 2019 in the framework of settlement ...
03/10/2021VTB Bank (Armenia) unveils work schedule during New Year holidays
VTB Bank (Armenia) said all its 73 branches across the country worked the full day today, the last working day in 2020. YEREVAN, December 30. /ARKA/. VTB Bank (Armenia) said all its 73 branches across the country worked the full day today, the last working ...
12/30/2020VTB Bank (Armenia) provides opportunity to its customers to purchase goods in installments on New Year's Eve
VTB Bank (Armenia) provides a unique opportunity to its customers on December 31, New Year's Eve, from 9:00 am to 4:00 pm to purchase goods by installments in more than 300 trade points - the bank's partners throughout Armenia, the press service of the bank ...
12/30/2020VTB Bank (Armenia) builds up profits 3.6 times
Retained profits of VTB Bank (Armenia) for the second quarter of 2020 amount to 1.7 billion drams, which is 3.6 times higher than the result of the same period a year before. The bank ranks third among Armenian banks for this amount and first for dynamics of this indicator’s ...
08/19/2020VTB Bank (Armenia) offers lowest rate for money transfers to Russia
VTB Bank (Armenia) said its clients can make money transfers from Armenia to Russia through the BEST system with a commission that makes only 0.9% of the money transfer amounts in Russian rubles, US dollar and euros YEREVAN, August 13. /ARKA/. VTB Bank ...
08/13/2020VTB Bank (Armenia) CEO to continue career at Russia’s bank Otkritie
VTB Bank (Armenia) CEO Yury Gusev, who has worked in VTB Bank (Armenia) for nine years, of which six years as head of the bank, will continue his career in Russia by leading the Moscow business at Bank Otkritie, Member of VTB Bank Management Board Vladimir ...
02/22/2018Retail business director to run VTB Bank (Armenia)
The Retail Business Head Ivan Telegin will run VTB Bank (Armenia). YEREVAN, February 22. /ARKA/. The Retail Business Head Ivan Telegin will run VTB Bank (Armenia). “The directorial board has made its decision and issued its recommendation, and we expect that after the central bank’s approval ...
02/22/2018It is time for Armenian banks to review their business model
Exclusive interview of Artur Hambardzumyan, Head of Innovations and Quality Unit at Ameriabank CJSC, to ARKA News Agency. YEREVAN, 29 September. / ARKA /. Banking system in Armenia is currently facings difficulties; it has become a serious challenge to ensure as much as stable high growth rate, let alone two-digit growth. The previous ...
09/29/2015VTB Bank (Armenia), Visa Company summarize results of ‘Summer with VTB’ marketing campaign
VTB Bank (Armenia) and VISA Company have summarized the results of ‘Summer with VTB’ marketing campaign and have raffled prizes among the most active holders of the bank’s Visa cards. YEREVAN, October 21. /ARKA/. VTB Bank (Armenia) and VISA Company ...
10/21/2014Study finds VTB Bank (Armenia) as most recognizable in Armenia
A study conducted by the Institute of Political and Sociological Consulting (IPSC) in July in Armenia’s capital city of Yerevan and four provincial towns found the Russian-owned VTB Bank (Armenia) to be the most recognizable bank across the country, the Bank said in a press release today. YEREVAN, August 12. /ARKA/. A study conducted by the Institute of Political and Sociological Consulting (IPSC) in July in Armenia’s capital ...
08/12/2013Bank VTB (Armenia) introduces automated loan decision-making system
Exclusive interview of Alena Stratan, Director of Bank Risks Control Department, member of ZAO VTB Bank (Armenia) Directorate to ARKA news agency Exclusive interview of Alena Stratan, Director of Bank Risks Control Department, member of ZAO VTB Bank (Armenia) Directorate to ARKA news agency ARKA – ...
03/09/2011Fitch ratings assigns rating “BB” forecast “Stable” to Armenia’s “Akba-Credit Agricole Bank
Fitch Ratings international ratings agency gave Armenia’s “AKBA-Credit Agricole Bank” long-term issuer default rating “BB” forecast “Stable”, short-term issuer default rating “B”, individual rating “D” and support rating “3”, reports the official site of YEREVAN, January 11. /ARKA/. Fitch Ratings international ...
01/11/2008VTB Bank (Armenia) doubles mortgage loan portfolio
As a leading bank in Armenia's mortgage lending market, VTB Bank (Armenia) keeps on developing one of the most popular products having doubled its mortgage loan portfolio over the past few years, increasing simultaneously the mortgage lending by 7 times, the press ...
06/03/2021VTB Bank (Armenia) earns record high profit of 2 billion drams in 2020
VTB Bank (Armenia) CJSC has published its annual financial statements for 2020 in accordance with International Financial Reporting Standards (IFRS), the press service of the bank reported. YEREVAN, May 18. /ARKA/. VTB Bank (Armenia) CJSC has published ...
05/18/2021VTB Bank (Armenia) offers payment cards to students
VTB Bank (Armenia), together with Visa international payment system has launched the iStudent cards, designed for students of colleges and higher educational institutions, the press service of the bank reported. YEREVAN, May 6. /ARКА/. VTB Bank (Armenia),...
05/06/2021VTB Bank (Armenia) finances Telcell cjsc
VTB Bank (Armenia) and Telcell CJSC have been cooperating for over 10 years in the framework of servicing settlement and cash transactions. YEREVAN, January 1. /ARKA/. VTB Bank (Armenia) and Telcell CJSC have been cooperating for over 10 years in the framework ...
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