ArmInfo. VTB Bank (Armenia) jointly with MasterCard Company have summed up the results of promo event "Let's Fly to Rio." To participate in the promo, the holders of Cirrus-Maestro and MasterCard needed to make purchases or payments (including online shopping) for at least 300,000 drams in September 21-December 31.
VTB Bank (Armenia) press-office told ArmInfo, the most active cardholders received smart watches and a travel ticket to The 2016 Rio Carnival. Five cardholders won smart watches, while the winner of
travel ticket to Rio was Dmitry Atbashyan. The prize awarding ceremony was held on February 2 on the local "Kentron" TV.
The promo event "Let's Fly to Rio" aimed to boost non-cash payment through MasterCard of VTB Bank (Armenia) and raise the awareness of the Armenian consumer of the comfortability of non-cash payments.
According to the analytical review of the "Armenian Banks in Card Business" prepared by ArmInfo news agency, VTB Bank (Armenia) issued jubilee 500 000th card in November 2015, holding the leadership in the number of active cards. As of October 1 2015, the number of the bank's active cards grew by of 25.5%, of which Visa by 20.3% (including more than 92 thousand pension cards), on which the bank
also holds the leadership. Bank, becoming a member of MasterCard almost 2 years ago, managed to release more than 25 thousand cards of the system until October 2015, taking the leading position in the top five. In terms of plastic transactions, the bank is also at the first position - more than 143 billion drams for the 9 months of 2015, with an annual growth of 19%. The Bank as of October 1, 2015, had 267 own POS-terminals and 158 ATMs. Until 2013, VTB Bank (Armenia) issued and serviced only international Visa cards, and then in September of the same year, becoming a principal member of MasterCard international payment system, started issuing and servicing Cirrus/ Maestro, MasterCard Standard and MasterCard Gold cards. In addition, the bank also serves local ArCa cards and MasterCard Worldwide. To recall, the "Bank VTB (Armenia)" CJSC became participant of VTB international financial group in April 2004.
Currently, the second largest in Russia "VTB Bank" CJSC holds 100% of shares of VTB Bank (Armenia). The Bank is traditionally among the leaders of the Armenian banking system on the basic parameters. VTB Bank (Armenia) is the undisputed leader in coverage of the branch network to ensure the presence of not only in the capital, but also in all regions of the country.