by Gayane Isahakyan
Since April 2014 VTB Bank (Armenia) has allowed its customers-MasterCard holders to withdraw cash from VTB Group's ATM network at the same tariffs as at VTB Bank (Armenia).
The Bank's press service has told ArmInfo that the MasterCards issued by VTB Bank (Armenia) have been included in the project of VTB Group's Single ATM Network. Now the customers of VTB's Armenian subsidiary can withdraw cash from MasterCards through the VTB ATMs in all countries of VTB presence without any extra charges.
To find an eligible ATM of VTB Group in the CIS and Georgia, the customers of VTB Bank (Armenia) need to use the interactive map of VTB Group's ATMs. The map provides information on VTB Group's Single ATM Network. The interactive map is available on the Bank's website. It is also available for iOS, Windows and Android-based mobile devices.
VTB Group's ATM network in all countries of VTB presence (CIS (Armenia, Russia, Ukraine, Belarus, Kazakhstan) and Georgia) numbers over 11,500 ATMs.
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). It also has an own processing center, which gives it an advantage on the card market. VTB Bank (Armenia) is in the lead in active cards (over 285 thsd cards). It serves local ArCa cards along with issuing and servicing international Visa cards. In late 2013 the Bank started issuing international MasterCards as well. The Bank has also been in the lead in pension cards (more than 70 thsd cards) since they were launched in the Armenian market.