Despite protests of environmentalists, Mego Gold Company gets permission to launch construction of third Tukhmanuk tailing dump

The 6th Pan-Armenian Barbeque Festival will be held in Akhtala on 6 September

Artak Zakaryan: Turkey's efforts cannot help resolve Karabakh conflict

Davutoglu says Ankara will do everything to end "occupation of Azerbaijani territories and Nagorno Karabakh"

President Bako Sahakyan addresses people on occasion of the Day of the Artsakh Republic

Armenian Center of Culture and Education in Israel to organize action demanding recognition and condemnation of Armenian Genocide

Armenia verifying reliability of the reports on an Armenian civilian's crossing the border with Azerbaijan

President of Armenia: Artsakh's independence - irreversible reality now

Nalbanian cannot say when Erdgoan will accept Serzh Sargsyan's invitation

Rostelecom announces new reduced tariffs starting 1 Sept 2014

VTB Bank (Armenia) funds repair and equipment of math classroom at secondary school No.21

Tickets of "Armenia" train running Yerevan-Batumi-Yerevan become cheaper

All outgoing calls to Beeline fixed-line network to cost 5 AMD per minute starting from 1 Sept 2014

Hakob Injighulyan is currently in Romania

Prime Minister of Georgia: Kazbegi Checkpoint on Georgian-Russian border will operate in limited emergency regime

Ilham Aliyev speaks of foreign forces' attempts to destabilize the political atmosphere in Azerbaijan

Armenian citizens' visa-free stay in Georgia to last 90 days within half a year

March of Peace, Unity and Solidarity in Yerevan

U.S. Embassy in Baku offers excuses: California Senate's decision does not represent national foreign policy

Eduard Sharmazanov: Robert Kocharyan said nothing new

A Radisson Hotel may open in Armenia

Armenia institutes a criminal case suggesting international terrorism over Azerbaijan's fire attacks on Armenian borderline villages

VTB Bank (Armenia) presents gifts to children of Full Life NGO's Inclusive Summer Camp

Azerbaijan transfers Hakob Injighulyan to a third country

Armenian analyst considers Edward Nalbandian's participation in Turkish president's swearing-in ceremony to be a diplomatic mistake

Union of Banks of Armenia hosts discussions on development problems of Armenia's financial and banking sector

Volunteers from the Diaspora visit VivaCell-MTS headquarters

Robert Kocharyan is not optimistic about prospects of final settlement of Karabakh conflict

Edward Nalbandian invites Erdogan to visit Armenia on 24 April 2015

Robert Kocharyan: The regime able to forget personal interests is doomed to success

Beeline cuts down tariffs for fixed-line telephony services

Expert: California Senate-adopted Resolution - AJR 32 is a response to Baku's blackmailing policy

Robert Kocharyan: It would be wrong thinking that Armenia's economy may gain from sanctions against Russia

Armenian Deputy Minister of Finance: The stadium will not pay off all debts of Armavia

Armenian Cause and Cyprus among key items on Ahmet Davutoglu's agenda

ACBA-Credit Agricole Bank issues student loans within 15 minutes

SCR CJSC to attend sitting of Traffic Safety Committee of Council for Rail Transport in Minsk on Sept 2-3

Edward Nalbandian makes a statement on the Resolution of California Senate recognizing the Independence of Artsakh

VTB Bank (Armenia) increases corporative crediting almost by 40% in 2013

  • by Gayane Isahakyan

  • Friday, April 18, 21:41

According to the results of 2013, VTB Bank (Armenia) increased its credit portfolio to legal persons by 39.8% - up to 144.0 billion AMD.  As Director General of the Bank, Yuri Gusev, said at today's press-conference, the share of the bank at the corporative clients crediting market was 11.7% according to the results of 2013. 

He said that VTB Bank (Armenia) will go on actively financing such sectors as constructing, trade companies, agriculture and food industry. The crediting sum of these sectors amounted to 98.5 billion AMD, and deposits of legal persons amounted to 47.2 billion AMD by the results of 2013.

"VTB Bank (Armenia) serves all categories of corporate customers, providing them with the full spectrum of banking services throughout Armenia. The Bank offers products and services to its corporate customers with due regard for their business specificity, ensuring high reliability of the operations", said Gusev. He pointed out that the Bank's corporate customers are the market leaders and promising medium-sized companies in the fields of insurance, construction, trade, energy, transport, light and heavy industries, IT and telecommunications.           

"VTB Bank (Armenia) keeps supporting the most important sectors of Armenian economy, contributing to development of the large and medium businesses in Armenia, as well as the financial and state organizations. In 2013 the Bank extended the range of its products and services. It elaborated and introduced a new financial service - Financial Leasing", he recalled. The Bank also carried out large-scale operations to improve the range of factoring services. In particular, in collaboration with VTB Factoring, member of VTB Group, the Bank prepared and carried out the first international factoring transaction. 

VTB Bank (Armenia) joined VTB Group in April 2004 and is fully owned by VTB Bank, the second biggest bank in Russia. VTB Bank (Armenia) is one of the leaders of Armenia's banking sector. It has 67 branches all over the country (the largest branch network in Armenia). 

Send to a friend

To (e-mail)

Your name



View comments (0)

Be first to comment on this article

* Indicates required fields