ArmInfo. At the 7th annual competition NASDAQ OMX Armenia the VTB Armenia Bank was awarded the main prize – "Best Exchange Member 2016". As the banks press-service told ArmInfo, in each NASDAQ OMX Armenia nomination 3 candidates were presented. Only one participant was the winner. VTB Armenia Bank was nominated in 3 nominations: "Best Exchange Member in the currency market", "The Best Exchange Member in the government bond market" and the main prize – "Best Exchange Member 2016".
According to the source,VTB Armenia Bank was the prizewinner in nominations "Best Exchange Member in the credit market 2015" and "Best Partner Exchange- Bidder".
To note, the award "Best Exchange Member" was established by the stock exchange "NASDAQ OMX Armenia" in 2010. The purpose is the promotion of the companies that provide investment services and are members of the stock exchange, which are actively involved in trading on various stock exchanges, participate in activities aimed at Armenia's capital market development, and also adhere to the principles of professional ethics. To find the winner, the volume and effectiveness of the transactions in NASDAQ OMX Armenia stock exchange are considered.
To recall, VTB Armenia Bank became a member of the international VTB group in 2004. The bank is on the list of the leading banks in Armenia. At the present moment VTB bank is the 2nd biggest in Russia and holds the 100% of VTB (Armenia) Bank shares. The bank is traditionally among the TOP leaders of Armenia's bank system. The coverage of branch network counts 67 departments with presence not only in the capital but in all regions.