Friday, January 13 2017 18:43

ArmInfo. VTB Bank (Armenia) announces campaign for all the Visa cardholders of the bank, who will participate in the 22nd Dubai Shopping Festival, which is being held between December 26, 2016 and January 28 2017, the press service of the bank has told ArmInfo. 

By paying for purchases made during the Festival in Dubai via their Visa cards the clients of VTB Bank (Armenia) will receive an opportunity to enjoy the best offers and discounts in all the trade and entertainment centers. Besides, by paying with Visa cards the clients of the bank will get 25% discount for living in Jumeirah hotel network in Dubai during the Festival. The offer is valid between January 1 and January 28 2017. Numerous events are planned within the festival, additional information is available on http://www.jumeirah.com/en/offers/visaoffers/visawinter/

According to ArmInfo's Analytical Review "Armenian Banks in Card Business", VTB Bank (Armenia) retains leadership on the market of plastic cards both by the number of cards and the amount of transactions. By 1 October 2016, the number of active cards of the Bank made up 518 thsd,79% or 408 thsd are Visa cards. In year-over-year terms VTB Bank (Armenia) increased the total number of active cards by 12.1% due to 4.5-fold growth of MasterCard number amid decline of Visa cards by 4.5%. The total amount of transactions in 9 months of 2016 totaled 160 bln AMD with 11.5% growth over year, 147 bln AMD of which are ATM transactions (with 9.1% y-o-y growth).  By 1 October 2016, VTB Bank (Armenia) had 156 ATMs and 346 POS-terminals. Before 2013 the Bank issued and served Visa international cards. In September 2013, it became a principal member of MasterCard and started issuing and serving Cirrus/Maestro, MasterCard Standard and MasterCard Gold cards. Along with it, the Bank serves ArCa local cards and has its own processing center.  To note, VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned by VTB Group, the second biggest bank in Russia. VTB Bank (Armenia) is one of the leaders of Armenia's banking sector. It has the largest branch network in Armenia (67 branches in capital and in all the regions of the country).