Tuesday, January 15 2013 17:26

VTB Bank (Armenia) opens three more reformatted branches


ArmInfo. VTB Bank (Armenia) keeps on optimizing the branch network both in Yerevan and in the regions. Within the frames of its strategy of retail development, 15 three renovated branches of VTB Bank (Armenia) were opened on January, two of them in Yerevan and one in Ashtarak (Aragatsotn region).

"The changes in VTB Bank (Armenia) demonstrate the Bank's unused potential. I think the launch of the new branches will enhance the activeness of the Bank and contribute to development of economic, trade and financial relations between the two countries", Russian Ambassador to Armenia Vyacheslav Kovalenko said in his welcome speech.

For his part, Director General, Chairman of Directorate of VTB Bank (Armenia) Yuri Gusev said that the project of reformatting and renovating of the branches launched in 2012 is the key task of the Bank for 2013. Under the project, 20 branches have already been reformatted and renovated. Over 20 branches will be reformatted in 2013.

Artak Khachatryan, Head of the Retail Business Development Department of VTB Bank (Armenia), said that in addition to the repair, many other measures aimed at optimization of the customer service procedure, modernization and technical re-equipment of workplaces have also been taken. The interior has been brought in compliance with the brand and firm style of VTB Group. "The reformatting aims not only to repair the branches, but also to enhance the quality of customer service", said Khachatryan.
POST A COMMENT
Input digits     


News
Central Bank cementing everything for security, but  losing investor  interest - expert on Armenian crypto regulationCentral Bank cementing everything for security, but  losing investor  interest - expert on Armenian crypto regulation
25 billion AMD Government bonds allocation auction took place on AMX25 billion AMD Government bonds allocation auction took place on AMX
Mariam Hambardzumyan: Armenia`s education system not adapted to meet  the needs of  businessesMariam Hambardzumyan: Armenia`s education system not adapted to meet  the needs of  businesses
Expert: AI will not replace people, but rather those who don`t use AIExpert: AI will not replace people, but rather those who don`t use AI
Idram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition ConcludesIdram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition Concludes
Starting in 2026, conclusion, termination, and modification of  employment contracts in Armenia to be carried out exclusively through  digital platformStarting in 2026, conclusion, termination, and modification of  employment contracts in Armenia to be carried out exclusively through  digital platform
Armenia, Saudi Arabia planning to expand economic cooperation in  several areasArmenia, Saudi Arabia planning to expand economic cooperation in  several areas
Armenian parliamentary opposition demanding price of Kazakh grain  delivered to Armenia Armenian parliamentary opposition demanding price of Kazakh grain  delivered to Armenia 
Hovhannes Khachatryan: Armenia`s digitalization is progressing  steadily, changing the architecture of interaction and identificationHovhannes Khachatryan: Armenia`s digitalization is progressing  steadily, changing the architecture of interaction and identification
Supply of fourth-grade wheat from Kazakhstan means Armenia also needs  it, official saysSupply of fourth-grade wheat from Kazakhstan means Armenia also needs  it, official says
Under `We Are Our Mountains` program, 12 families in Tatev community  received grants to implement their business ideasUnder `We Are Our Mountains` program, 12 families in Tatev community  received grants to implement their business ideas
Gold price rise stems from global processes - economists Gold price rise stems from global processes - economists 
Duty on metal fitting import to be raised in ArmeniaDuty on metal fitting import to be raised in Armenia
Saudi Arabia`s Public Investment Fund considering investing in  ArmeniaSaudi Arabia`s Public Investment Fund considering investing in  Armenia
Armenia and Kazakhstan discuss opportunities to develop cooperation  in digitalizationArmenia and Kazakhstan discuss opportunities to develop cooperation  in digitalization
Armenia`s ICT sector revenue grew by double-digits in the first nine  monthsArmenia`s ICT sector revenue grew by double-digits in the first nine  months
Service sector revenue accelerated in the first nine monthsService sector revenue accelerated in the first nine months
Armenia`s trade sector generated $12.1 billion in revenue in the  first nine monthsArmenia`s trade sector generated $12.1 billion in revenue in the  first nine months
Kazakhstan`s national grain operator ready to supply Armenian  consumers with approximately 15,000- 20,000 tons of food grain  monthlyKazakhstan`s national grain operator ready to supply Armenian  consumers with approximately 15,000- 20,000 tons of food grain  monthly
Armenia`s telecommunications revenue growth slowingArmenia`s telecommunications revenue growth slowing
Armenia`s metallurgy sector decreased by 10% in the first nine monthsArmenia`s metallurgy sector decreased by 10% in the first nine months
Cargo transportation in Armenia increased by 1.6% over the first nine  months, while passenger transportation decreased by 2.4%Cargo transportation in Armenia increased by 1.6% over the first nine  months, while passenger transportation decreased by 2.4%
Power generation in Armenia increased by 8.2% in the first nine  monthsPower generation in Armenia increased by 8.2% in the first nine  months
Wine production dropped by 36% and  cognac by 34.4% in the first nine  months Wine production dropped by 36% and  cognac by 34.4% in the first nine  months 
5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathon5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathon
Expert on small nuclear power plants: The hardest thing of all is to  find a cat in a dark room, especially if there is no catExpert on small nuclear power plants: The hardest thing of all is to  find a cat in a dark room, especially if there is no cat
PSRC planning to revoke Electric Networks of Armenia CJSC`s operating  licensePSRC planning to revoke Electric Networks of Armenia CJSC`s operating  license
Armenian minister of economy takes part in 124th meeting of UNWTO  Executive CouncilArmenian minister of economy takes part in 124th meeting of UNWTO  Executive Council
Armenia, Iran discuss prospects for cooperation in tourism sectorArmenia, Iran discuss prospects for cooperation in tourism sector
Armenia`s first satellite, Armsat-1,  entered controlled deorbit  phaseArmenia`s first satellite, Armsat-1,  entered controlled deorbit  phase
Pashinyan: Investments in Armenia`s military-industrial complex  amounted to approximately $450 million over past two yearsPashinyan: Investments in Armenia`s military-industrial complex  amounted to approximately $450 million over past two years
Armenia`s industrial sector declined by 5.7% in January-September  2025Armenia`s industrial sector declined by 5.7% in January-September  2025
TEAM`s 5G network  available in Gyumri and VanadzorTEAM`s 5G network  available in Gyumri and Vanadzor
Economy Minister discussed rebranding of Armenian brandy with  producersEconomy Minister discussed rebranding of Armenian brandy with  producers
Dollar, ruble transactions   decreased in Armenia`s  interbank  foreign exchange market from November 3- 7, 2025Dollar, ruble transactions   decreased in Armenia`s  interbank  foreign exchange market from November 3- 7, 2025
Fly Cham to launch Aleppo-Yerevan flightsFly Cham to launch Aleppo-Yerevan flights
FLYONE ARMENIA to launch new Yerevan-Batumi - Yerevan flight next  yearFLYONE ARMENIA to launch new Yerevan-Batumi - Yerevan flight next  year
Armenia among top 10 popular destinations for Russian tourists,  according to results of  first nine months of 2025Armenia among top 10 popular destinations for Russian tourists,  according to results of  first nine months of 2025
Armenia, India discuss possible cooperation in defense industry Armenia, India discuss possible cooperation in defense industry 
Armenian MP proposes rising duty on metal fitting Armenian MP proposes rising duty on metal fitting 
New route through Azerbaijan to strengthen sustainability of supplies  of Russian agricultural products to regoinal countriesNew route through Azerbaijan to strengthen sustainability of supplies  of Russian agricultural products to regoinal countries
AraratBank Honoured with STP Award by Commerzbank AGAraratBank Honoured with STP Award by Commerzbank AG
AI to change economy, public and everyday life beyond recognition in  coming years - Hakob Arshakyan AI to change economy, public and everyday life beyond recognition in  coming years - Hakob Arshakyan 
RA SRC: List of products subject to identification marking to be  expanded from January 1, 2026RA SRC: List of products subject to identification marking to be  expanded from January 1, 2026
ARMSWISSBANK: A strategic financial bridge between Armenia and international marketsARMSWISSBANK: A strategic financial bridge between Armenia and international markets
Germany to support Armenia with 152  million euros in strategic  cooperation areas  until 2027 - German EmbassyGermany to support Armenia with 152  million euros in strategic  cooperation areas  until 2027 - German Embassy
By the end of October, actual tax collections in Armenia exceeded   annual target by 13.7%By the end of October, actual tax collections in Armenia exceeded   annual target by 13.7%
Compelling Business Loan Offer from AraratBank: JOIN USCompelling Business Loan Offer from AraratBank: JOIN US
Economist: It`s too early to assess economic benefits of new freight  routes passing through ArmeniaEconomist: It`s too early to assess economic benefits of new freight  routes passing through Armenia
82% of tax revenues and state duties planned for 2025  already   secured- RA SRC Chairman82% of tax revenues and state duties planned for 2025  already   secured- RA SRC Chairman
I hope we don`t jinx it: Pashinyan commends Iranian company for  I hope we don`t jinx it: Pashinyan commends Iranian company for  "unprecedented construction speeds"
Grain delivery to Armenia dynamic - premier Grain delivery to Armenia dynamic - premier 
Armenian pensioners to get cashless pensions Armenian pensioners to get cashless pensions 
RA MOD to get $11mln more RA MOD to get $11mln more 
Health Programs Implementation Office to be responsible for  implementing Universal Health Coverage Loan ProgramHealth Programs Implementation Office to be responsible for  implementing Universal Health Coverage Loan Program
Further cargo transportation from Russia, Kazakhstan to Armenia via  Azerbaijan - Azerbaijani railways Further cargo transportation from Russia, Kazakhstan to Armenia via  Azerbaijan - Azerbaijani railways 
Direct rail service between Russia and Armenia through Azerbaijan and  Georgia tangible contribution to peace in the South Caucasus - Alexei  Overchuk Direct rail service between Russia and Armenia through Azerbaijan and  Georgia tangible contribution to peace in the South Caucasus - Alexei  Overchuk 
First grain consignment from Russia to Armenia via Azerbaijan First grain consignment from Russia to Armenia via Azerbaijan 
The interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej TimesThe interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej Times
Armenian manufacturers participating  in  Occupational Safety and  Health A+A 2025 trade fair  in DusseldorfArmenian manufacturers participating  in  Occupational Safety and  Health A+A 2025 trade fair  in Dusseldorf
Read more
Exchange rates
11.11.2025
RUB4.71-0.01
USD382.52-0.09
EUR442.730.36
GBP502.55-0.96
CAD272.64-0.28
JPY24.80-0.02
CNY53.73-0.01
CHF476.962.32


Experts
Mariam Hambardzumyan: Armenia`s education system not adapted to meet  the needs of  businessesMariam Hambardzumyan: Armenia`s education system not adapted to meet  the needs of  businesses
Expert: AI will not replace people, but rather those who don`t use AIExpert: AI will not replace people, but rather those who don`t use AI
Gold price rise stems from global processes - economists Gold price rise stems from global processes - economists 
Read more

Commented
ATI.SU: Demand for international cargo transportation 30% up in  ArmeniaATI.SU: Demand for international cargo transportation 30% up in  Armenia
Civil Contract nominates Armen Ktoyan for  Central Bank Board Member  positionCivil Contract nominates Armen Ktoyan for  Central Bank Board Member  position
Armenia, France considering prospects for expanding technological  cooperation  Armenia, France considering prospects for expanding technological  cooperation  

Company bonds
UCO CJSC "GLOBAL CREDIT"1
UCO CJSC "GLOBAL CREDIT"3
UCO CJSC "GLOBAL CREDIT"4
UCO CJSC "GLOBAL CREDIT"5
UCO CJSC "GLOBAL CREDIT"7
"National Mortgage Company"2A
"National Mortgage Company"2B
UCO CJSC “FINCA” 1
UCO CJSC “FINCA” 2