Armenian bank operating under the name "VTB-Armenia Bank" closed joint-stock company.
Last updated October 19, 2026
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Overview
VTB-Armenia Bank closed joint-stock company is a bank whose full name is "VTB-Armenia Bank" closed joint-stock company and whose legal address is 33/3 Manandyan St., Yerevan 0006, Armenia. Its registration certificate is N0386 dated 25.05.1994, and it holds Central Bank of Armenia banking license No. 64 dated 20.06.2006. Its website is www.vtb.am.
History
The bank's registration certificate is N0386 dated 25.05.1994, and it holds Central Bank of Armenia banking license No. 64 dated 20.06.2006.
Controversies
2020
VTB files UK lawsuit against Mozambique over loan debt
In a controversy noted in relation to VTB, the bank said it had filed a lawsuit in Britain against Mozambique to recover $535 million lent to Mozambique Asset Management after the company defaulted on loan repayments. According to the source, VTB stated that it brought the UK legal action against Mozambique over the unpaid loan debt. The event was reported on 7 January 2020.
Recent events
Reported
VTB raises savings-product rates[7]
Russia's second-largest bank, VTB, announced that it was raising rates on savings products, including foreign-currency deposits. Maximum annual rates were set at 21% for ruble deposits, 8% for US-dollar deposits, and 7% for euro deposits.
VTB and Qatar National Bank sign commercial partnership[8]
VTB and Qatar National Bank signed a commercial partnership agreement to develop business and jointly conduct investment management activities and consulting in debt, capital and real estate markets. The parties said they would jointly launch Qatari and Russian funds to raise foreign capital for both markets.
- Unconfirmed
VTB files UK lawsuit against Mozambique over loan debt[6]
VTB said it had filed a lawsuit in Britain against Mozambique to recover $535 million lent to Mozambique Asset Management after the company defaulted on loan repayments.
Sources8 sources
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