Monday, February 28 2022 13:30
Karina Melikyan

VTB Bank Armenia capable of meeting its commitments 

VTB Bank Armenia capable of meeting its commitments 

ArmInfo.Under the circumstances the VTB Bank (Armenia) is ensuring clients' access to all the services and instruments except for certain restrictions on money transfers.  The detailed information is available on www.vtb.am, reports the  official website of the Central Bank of Armenia (CBA).  

"The VTB Bank (Armenia) has sufficient capital and liquidity to meet  all of its commitments. The CBA liquid instruments are readily  available to the VTB Bank (Armenia)," a report reads.  Amid harsher  sanctions against Russia, the VTB Bank has encountered money transfer  difficulties. The VTB Armenia is a subsidiary of the Russian VTB  Bank. It is among the leaders of Armenia's banking systems (total  capital, assets, liabilities, individual deposits, lending).