Tuesday, October 17 2017 14:16
Karine Melikyan

VTB capitalizes on Subsidiary in Armenia for 1.2 billion rubles

VTB capitalizes on Subsidiary in Armenia for 1.2 billion rubles

ArmInfo. The Board of Directors of VTB at a meeting on October 16 evening decided to capitalize a subsidiary bank in Armenia worth about 1.2 billion rubles. This is stated in the message of the Center for Disclosure of Legal Information, RBC reports. According to the source, the authorized capital of JSC VTB Bank (Armenia) will be increased by no more than 10 billion Armenian drams (about 1.2 billion rubles) by placing additional ordinary registered shares. To this end, VTB plans to acquire slightly more than 925,000 shares,

As VTB Bank (Armenia) commented to ArmInfo, the additional capitalization of VTB Bank (Armenia) for the amount of about 10 bln AMD is carried out according to the strategic development plan of the Bank. Replenishment of capital is aimed at business development in 2018, aims to improve the quality of services provided by the Bank and strengthen the Bank's position in the local market.

To note, as of October 1, 2017, the total capital of VTB Bank (Armenia) is 29.9 billion drams, the regulatory total capital is 36.8 billion drams, assets - 227.7 billion drams. "VTB Bank (Armenia)" CJSC became a participant of the international financial group VTB in April 2004. At present, VTB Bank, the second largest bank in Russia, owns 100% of VTB Bank (Armenia). The Bank is traditionally one of the leaders of the banking system of the Republic of Armenia in terms of key indicators. The coverage of the branch network of VTB Bank (Armenia) has 67 branches with presence not only in the capital, but in all regions of the country. (The calculated exchange rate of AMD as of 30.09.2017 was 478.41 AMD / $ 1).

POST A COMMENT
Input digits     


News


Exchange rates
19.02.2020
RUB7.530.02
USD478.63-0.32
EUR517.06-1.31
GBP622.510.11
CAD361.610.60
JPY43.42-0.24
CNY68.36-0.23
CHF486.61-1.72



Search by date

Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000