ArmInfo.

ArmInfo.

ArmInfo.VTB Bank (Armenia) has become the main partner of the "Affordable Housing for Young Specialists" social program of housing provision .

ArmInfo.VTB Bank (Armenia) offers to make purchases with MasterCard cards instantly, with one touch of the POS-terminal.

ArmInfo. "It should be conveyed to clients that we cannot expect further extension of the terms of the amnesty of fines and penalties for bad loans, otherwise it will  be an incorrect message to the population," Executive Director of the  Union of Banks of Armenia Seyran Sargsian told ArmInfo  correspondent.

ArmInfo. VTB Bank (Armenia) has  opened its new, high-tech, comfortable Contact Center, located in  Business Center "34" at ul.  Karekin Nzhdeh 34. The press service of  the bank told ArmInfo, saying that repair work had been going on for  several months in a room designed for the Contact Center employees:  the technological component, the color scheme of the interior and the  design of the recreation area were carefully chosen.

ArmInfo.  In the banking system of Armenia, the concentration of assets among the top five increased over 2013-2018 from 47.7% to 55.3%, although it decreased compared to  2017 by 0.1%.  Among the main assets are Ameriabank, Ardshinbank,  Armbusinessbank, ACBA-Credit Agricole Bank and INECOBANK.

ArmInfo.

ArmInfo. VTB Bank (Armenia)  offers a new promotion and provides MasterCard Gold cards at  MasterCard Standart card rates, which will last until April 1, 2019.

ArmInfo. Within the framework of the amnesty of fines and penalties on bad loans from June 2018, Armenian banks have forgiven the obligations of 19,000 individuals in  total amounting to 9.5 billion AMD. This was reported to ArmInfo in  the press service of the Union of Banks of Armenia (UBA).

ArmInfo.

ArmInfo. According to the Central Bank of Armenia, by the end of 2018, the total volume of agricultural loans amounted to 136.2 billion drams ($ 282 million),  having increased by 3.6% over the past year.

ArmInfo. VTB Bank (Armenia) for 2018 granted amnesty to fines and penalties to individual customers for a total amount of up to 3 billion drams. As the press  service of VTB Bank (Armenia) told ArmInfo, as a result, in 2018,  fines and penalties for more than 4,600 loans of 4,000 customers were  written off.

ArmInfo. In 2018, the banking system of Armenia increased tax payments to the state  treasury by 21.2% to 48.6 billion drams ($ 100.5 million). Of this  amount, 91% or 44.2 billion drams were paid in direct taxes, with a  y-o-y growth of 23.8%.

ArmInfo.

ArmInfo. In Armenia, the number of plastic cards increased in 2018 by 18% to 2,024 million units, against a 9.2% increase in 2017. The y-o-y growth of the total volume  of plastic transactions to 22.6% in 2018 from 11.8% in 2017 to 1.933  trillion drams has accelerated adequately. This is evidenced by the  data of the Central Bank of Armenia.

ArmInfo. VTB Bank (Armenia)  opened the 70th branch - regional Agarak in Agarak town (Syunik  region). The opening ceremony took place on February 1.  According to  the press service of the bank, the branch is located in the building  of the Agarak Copper- Molybdenum Combine at the address: Agarak, G.  Nzhdeh  Str. 7, in the town square. The branch will be open from  Monday to Friday from 09: 15am-5: 30pm.

ArmInfo.

ArmInfo.The banking system of Armenia increased its net profit in 2018 by 78.7% to 62.2 billion drams ($ 128.6 million), against a relatively modest growth in 2017  by 15.6%.

ArmInfo.